A consumer purchased a winter coat because the inside lining was made of a soft material. One type of benefit that was purchased was sensory benefit.
While purchasing a winter coat the consumer saw the quality of the product and whether this product matched his preferences. So the customer touches the material of winter coat to check its softness and then purchased the product. Thus, this refers to the sensory benefit.
Marketers use the method of sensory benefit in order to promote their products in such a way that they appeal to the emotions of buyers. So it becomes more of an emotional response rather than a need born of necessity.
Hence, the answer is given and explained above.
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Answer:
The answer is (B) how quickly the prices are rising
B. An IB diploma is presented to IB students following the successful completion of their studies.
When you finish a college or a course in something, you are presented with a diploma to prove it.
Answer:
Positive & High; Less
Explanation:
For Example:
The economic growth of countries in the Middle East are highly depended on international oil prices, the decline in the international oil prices led to the lower growth rate in all these countries; thus their growth are positively correlated.
The diversification benefit for a firm would be less beneficial in these countries as change in any common macro variable of these highly correlated countries would have an impact on economic growth of these countries. However, the diversification benefit would be higher in those set of countries that are less integrated
.