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Marina CMI [18]
3 years ago
13

What are the most relevant cultural values affecting the consumption of each of the following? Describe how and why these values

are particularly important. a. Internet b. Video games/consoles c. Milk d. Fast food e. Luxury cars f. Cell phones
Business
1 answer:
andreev551 [17]3 years ago
6 0

Answer:

a. <em>Internet </em>- Connectivity and globalization are the values behind the consumption of Internet. The omnipresence of instant communication and responsiveness are the main reason why Internet is so ubiquitous nowadays. Everyone has cognitive and informative needs that need to be satisfied by using the Internet.

b. <em>Video games/consoles</em> - A sense of belonging to a special community and peer influence are values which mostly influence the consumption video games. Young people (the main users of these products) are under the pressure to be involved in online video game communities. Also, there is the presence of immersion in a different, virtual world.

c. <em>Milk </em>- Being and essential FMCG good, milk consumption is stimulated by traditional values, as most of us associate milk with something that has been a staple in the fridge since childhood. Also, the well-being value is what drives milk consumption, as it boasts several health benefits which most of us are aware of.

d.<em> Fast food - </em>Convenience is something that mostly stimulates the consumption of fast food. All of us know it is not healthy, however, we opt for this option when we run out of time to have a proper meal. Also, we may be triggered by the choices of our peers and family, which brings in the society cultural element.

e. <em>Luxury cars</em> - The value of prestige and cultural status is what makes us buy luxury cars and several other luxury items. Although it provides the same essential value as a usual car (in the sense of the need for transportation), a luxury car is a status symbol which signifies our wealth.

f. <em>Cell phones</em> - The feeling for connectivity, integration with the society and other cultural values similar to the ones which drive Internet consumption are present as the motivators for cell phone consumption too. Everyone has one, and even if we do not feel the actual need to possess one (which is rare, since they are very addictive), we are tempted by their omnipresence in our environment.

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avanturin [10]

Answer:

80 (mark)only answer this

7 0
3 years ago
Which of the following may either increase or decrease retained earnings? a. Prior period adjustments. b. Disposals of treasury
Dmitry_Shevchenko [17]

Answer:

a. Prior period adjustments.

Explanation:

"Retained earnings is the cumulative total of earnings that have yet to be paid to shareholders. These funds are also held in reserve to reinvest back into the company through purchases of fixed assets or to pay down debt."

Prior period adjustments in the beginning balance are key to calculate the retained earnings at the end of the period:

Retained Earnings = RE Beginning Balance + Net Income (or loss) – Dividends.

Therefore, prior period adjustments may either increase or decrease RE.

Reference: Morah, Chizoba. “Which Transactions Affect Retained Earnings?” Investopedia, Investopedia, 11 July 2019

4 0
3 years ago
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If the bank lends the maximum amount of
Scorpion4ik [409]

Answer:

check able deposits = $500

correct option is C. $500

Explanation:

given data

cash deposit = $100

reserve ratio = 20%

to find out

check able deposits

solution

we will apply here check able deposits formula that is express as

check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) × \frac{1}{reserve ratio} )     ...........................1

put here value we get

check able deposits = $100 + ( $100 - ( $100 × 20% ) × \frac{1}{0.2} )

check able deposits = $500

correct option is C. $500

8 0
3 years ago
Our text tells us that securing commitment from employees is only gained through good change
ikadub [295]

Answer:

<em>I can see that there are no choices.</em>

satisfaction

Explanation:

When it comes to <em>securing employee commitment in your company</em>, it is best to establish<u> good communication</u> in order for the employee to feel satisfied.

For example, if a policy is going to change in the company, it is important to provide "transparency." The policy updates may be done through office meetings. Besides this, you also have to allow them to give feedback or ask questions in order to have clarity. Soliciting feedback will enable you to know what your employees are thinking and it will also show your respect for them.

So, this explains the answer.

8 0
3 years ago
A rightward shift in the short-run aggregate supply curve will occur when:.
posledela

A rightward shift in the aggregate supply curve will occur when: there is a decrease in price input.

<h3>What is a supply curve?</h3>

A supply curve is a graphical representation of how the market would behave or move in there is a change in supply. It is a representation of the relationship between the quantity supplied for a given period of time and the prices of goods and services.

A rightward shift in the short run aggregate supply curve will then occur anytime there is a decrease in the price input.

Learn more about Supply Curve here:

brainly.com/question/26430220

4 0
3 years ago
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