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Sedbober [7]
3 years ago
8

A customer buying an unfamiliar product that carries a fair degree of risk would most likely engage in ________ decision making.

Business
1 answer:
Deffense [45]3 years ago
5 0

Answer:

extended problem solving

Explanation:

A situation where a buyer is buying a product he or she has never bought before hence requires considerable efforts, such is termed extended problem solving. The reason is that a buyer does not have prior experience about the product or the supplier, thereby creating complex buying decisions.

In extended problem solving, buyers evaluate and search for information about products they intend to buy due to the fact that they are not familiar with the products. Here, buyers search for all available information inorder to choose among brands of products they intend to buy; being the first time of purchasing such.

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Paradise, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $625 2 875 3 1,150 4 1,250
MissTica

Answer:

(a) If the discount rate is 11 percent, what is the future value of these cash flows in year 4?

To solve this problem, we must find the FV of each cash flow and add them.

To find the FV of a lump sum, we use:

FV = PV(1 + r)^t

[email protected]% = $625(1.11)^3 + $875(1.11)^2+ $1,150(1.11) + $1,250 = $4459

(b) What is the future value at a discount rate of 18 percent?

FV = PV(1 + r)^t

[email protected]% = $625(1.18)^3+ $875(1.18)^2+ $1,150(1.18) + $1,250 = $4852

(c) What is the future value at discount rate of 30 percent?

FV = PV(1 + r)^t

[email protected]% = $625(1.30)^3+ $875(1.30)^2+ $1,150(1.30) + $1,250 = $5597

5 0
3 years ago
Chip used the local yellow pages to compile a random sample of 100 small businesses to take part in his experiment about hiring
mel-nik [20]

From the given description, Chip is using an experimental design called (A) matching.

Matching <u>is a type of experimental design where the researcher divide his or her samples into two groups of treatment conditions, which serves to ensure that before the treatment, both groups have the samples with the same characteristics, thus ensuring that the results of the experiment would not be influenced by any confounding variables that the samples have.</u>

Chip is doing this to ensure that samples that have been influenced by other variables which determine their decision to hire are distributed evenly in both the experimental and control group.

5 0
3 years ago
Brain Wing Inc. has won the bid to build airplanes for a host country government. However, the execution of the contract has bee
Anika [276]

Answer:

D. speed money.

Explanation:

Speed money or grease money are monies payed to fasten a routine process. For example to gain approval for a project, to clear a shipment.

Speed money differs from bribery because the end result is something that will be done with or without the speed money, so it is given to speed the process along.

Sometimes speed money is obligatory. To show it was payed legally documentation should be done.

7 0
3 years ago
Read 2 more answers
7. List and explain 3 things that make you enthusiastic about learning?
Reptile [31]

Answer:

1) Reward

2) Enjoyment

3) Personality Growth

Explanation:

<u>Learning Business</u>

I opted for Business because it is very easy as compared to other subjects.

It is applicable anywhere anytime.

It is rewarding in terms of  rules and regulations.

<u>Otherwise Learning</u>

It enhances your abilities making you a strong enough person to fight any challenge.

It is always rewarding. It pays you one way or other.

It polishes and nourishes your personality to an extent where you feel better adapted towards life.

It is an enjoyment in the sense that it makes you see how well you use your abilities. For example I like mathematics and I enjoy doing it. Some people like drawing and they enjoy it.

4 0
3 years ago
What is not the best speed control option to use when approaching a stale green traffic light? a. maintain speed b. apply brake
romanna [79]

Answer:

c

Explanation:

A stale green light is light that is about to turn yellow because it has been green for a while

Cover brake involves taking ones foot off the accelerator and hovering it over the brake pedal.

Cover brake is necessary when there is a stale green light in case there is a need to stop suddenly or reduce speed

6 0
3 years ago
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