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fgiga [73]
3 years ago
11

As Markel drives buy a local restaurant, he realizes that he hasn’t eaten all day and is famished. He stops at the restaurant, a

nd without referring to the menu, orders a burger because that’s what he typically buys at this particular restaurant. This scenario suggests that:
1. low-involvement decisions may sometimes enable consumers to skip steps in the consumer decision making process.
2. Markel would have probably made a different food choice had he not been famished.
3. some people may skip steps in the consumer decision making process, particularly for high-involvement decisions.
4. all purchase decisions go through the six steps of the consumer decision making process.
5. Markel’s hunger caused him to experience cognitive dissonance.
Business
1 answer:
DochEvi [55]3 years ago
3 0

Answer:

1. low- involvement decisions may sometimes enable consumers to skip steps in the consumer decision making process.

Explanation:

Consumer decision making process includes all the steps between consumer's generation of needs/wants and final purchase of the product.

The process comprises of below mentioned 5 stages:

  1. Need recognition : whereby a need is generated
  2. Search for information so as to identify products satisfying such needs
  3. Evaluation of all available alternatives i.e assessment of all available products satisfying a need and selecting the best alternative.
  4. Purchases , the stage wherein the consumer buys the selected product.
  5. Post purchase evaluation, i.e the stage when consumer evaluates whether he made the right purchase decision.

In the given case, the consumer realized that he hadn't eaten at all during the day and thus instantly stopped at a restaurant, made a regular purchase of a burger without caring for the menu or set of other available alternatives.

Here, the investment decision related to a meal, being a low cost decision and occurring in a famished state. So consumers while making such low cost decisions may not find going through the menu and spending much time in deciding as worthwhile and in short will likely skip steps in the consumer decision making process.

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maxonik [38]
Answer: A

Explanation: I do t see why the project manager would be worried about the money aspect I think he would only be worried about the task part
7 0
3 years ago
Why is it so important for your credit report to be completely accurate?
zalisa [80]

Answer:

The correct answer is letter "A": If there is an error on your credit report, you are more likely to have higher interest rates or even get rejected for the loan altogether

Explanation:

Dealing with errors in your credit report is a disadvantage because financial institutions will have doubts about your credit history. In front of loan requests, banks are likely to increase the rate of interest they could charge you or even reject the loan at all because they will consider <em>the risk of lending you money is higher due to the inaccuracies on your credit report</em>.

5 0
4 years ago
What's the estimated length of a wall that has 31 studs 16 inches on center?
devlian [24]

Answer:

480 inches (40 feet)

Explanation:

Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.

Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.

Given that on center spacing = 16 inches, number of studs = 31

The length of the wall is given by the formula:

number of studs = (length of wall in inches / on center spacing in inches) + 1

Length of wall (inches) = (number of studs - 1) * on center spacing

hence:

Length of wall (inches) = (31 - 1) * 16 inches = 480 inches

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8 0
3 years ago
What is the preferred method of resolving a partner's deficit balance, according to the Uniform Partnership Act?
olga_2 [115]

Answer:

e. The partner with a deficlt balance contributes personal assets only If those personal assets exceed personal lablties.

Explanation:

The Uniform Partnership Act is a provision that resolves conflicts in a partnership that is not addressed in the partnership agreement.

The Act is used mostly with small and informal partnerships.

It has been adopted in all states except Louisiana.

Partners must settle their debts in order to redeem their interest in the partnership.

UPA provides that partner with deficit contributes personal assets only If those personal assets exceed personal liabilities.

3 0
3 years ago
Clorox sells five major product lines including cleaning, household, lifestyle, professional, and international. Together the pr
fenix001 [56]

<u>Answer: </u>Option B Together the product lines make up Clorox's Product mix.

<u>Explanation:</u>

The total number of product lines offered by the company to its customers can also be stated as product mix. It also represents the product assortment that is offered to the customers. The product lines offered by Clorox are vastly different and it has five product lines.

To have deeper understanding on the product mix the depth, width, length and consistency of the product mix can be studied. Risk can be reduced by increasing the product mix.

7 0
3 years ago
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