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dsp73
3 years ago
9

Siobhan wants to join a new health club. Her roommate belongs to a club that Siobhan heard about on the radio. She decides to us

e her roommate's free guest passes to try out the club to see if it meets her needs. What stage of the consumer adoption process does this represent
Business
2 answers:
MAXImum [283]3 years ago
7 0

Answer:

Trial

Explanation:

Total stage of customer adoption of a product is the stage at which the customer testes the product to see if it will meet their needs and specifications. It is at this stage that the customer determines if this will be a right fit for them.

In this scenario Sihoban wants to try out the new health club without commuting too much resources, so she uses her roommate's guest pass to see if the club meets her needs.

If it is a right fit them she can commit more funds and join the club.

Ghella [55]3 years ago
3 0

Answer:

TRIAL

Explanation:

The adoption process for a new product is the mental process through which an individual passes from first learning about an innovation to final adoption.

Consumers go through 5 stages in the process of adopting a new product. These are: product awareness, product interest, product evaluation, product trial, and product adoption.

During the product trial, consumer tries the new product on a small scale to improve his or her estimate of its value.

If the consumer is satisfied with the product, he or she enters the adoption stage, deciding to use the new product fully and regularly.

Therefore, the stage of the consumer adoption process Siobhan's case (decision to use her roommate's free guest passes to try out the new health club to see if it meets her needs) represents is TRIAL.

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Questions to ask my lecture on external and internal relationships in bussiness
Murljashka [212]

Answer:

Have we inventoried the third party relationships that exist in our organization today?

How are we identifying and tracking new or changing relationships?

Have we assessed and prioritized the risks related to those relationships?

When evaluating new relationships, do our selection criteria address risks to the organization?

Where applicable, do our agreements and contracts include adequate terms and conditions to require third-parties to provide independent assurance to mitigate potential risks, convey trust and confidence, and demonstrate compliance with laws and regulations?

Are responsibilities to manage these risks clearly defined individually for each third-party and as a whole?

Are we monitoring the various risks and contract requirements associated with each existing relationship and at what interval?

Are these relationships dependent on subservice organizations?

How do we gain comfort that information provided by third-parties is valid, accurate, and complete?

Does our risk assessment process identify potential negative events resulting from third party relationships and include procedures in place to respond?

7 0
3 years ago
Find the duration of a 7.6% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield
Dominik [7]

Answer:

Explanation:

What is given:

Semiannual coupon payments [7.6%*100/2 = 3.8]

n = 3*2 = 6 periods

YTM =6%; 12%

Calculations:

YTM = 6%

Cash-flows during periods 1-5 = 3.8 and pays 103.8 at the end

PV of CF1 = 3.68932

PV of CF2 = 3.581864

PV of CF3 = 3.477538

PV of CF4 = 3.376251

PV of CF5 = 3.277913

PV of CF6 = 86.93087

Price(Total of CFs) = 104.3338

     

Weighted CF1 =3.8

Weighted CF1 = 2*3.8 = 7.6

Weighted CF2 = 3*3.8 = 11.4

Weighted CF3 = 4*3.8 = 15.2

Weighted CF4 = 5*3.8 = 19

Weighted CF5 = 6* 103.8 = 622.8

PV of Weighted CF1 = 3.68932

PV of Weighted CF2 = 7.163729

PV of Weighted CF3 = 10.43261

PV of Weighted CF4 = 13.505

PV of Weighted CF5 = 16.38957

PV of Weighted CF6 = 521.5852

Sum of weighted CFs = 572.7654    

Duration 2.744871

YTM = 12%:

PV of CF1 = 3.584906

PV of CF2 = 3.381986

PV of CF3 = 3.190553

PV of CF4 = 3.009956

PV of CF5 = 2.839581

PV of CF6 = 73.1749

Price(Total of CFs) = 89.18189

     

Weighted CF1 =3.8

Weighted CF1 = 2*3.8 = 7.6

Weighted CF2 = 3*3.8 = 11.4

Weighted CF3 = 4*3.8 = 15.2

Weighted CF4 = 5*3.8 = 19

Weighted CF5 = 6* 103.8 = 622.8

PV of Weighted CF1 = 3.584906

PV of Weighted CF2 = 6.763973

PV of Weighted CF3 = 9.57166

PV of Weighted CF4 = 12.03982

PV of Weighted CF5 = 14.19791

PV of Weighted CF6 = 439.0494

Sum of weighted CFs = 485.2077

Duration 2.720326

3 0
3 years ago
Donna runs an inn and charges $300 a night for a room, which equals her cost. Sam, Harry, and Bill are three potential customers
alina1380 [7]

Answer:

a. $25

Explanation:

According to the given situation, the computation of deadweight loss of the tax is shown below:-

Deadweight Loss = 1 ÷ 2 × 1 × ($350 - $300) = 1 ÷ 2 × ($50)

Or, Deadweight Loss = 1 ÷ 2 × ($50)

Or,  Deadweight Loss = $25

Therefore the correct option is a. $25

We simply considered the above values so that the deadweight loss of the ta could come

6 0
3 years ago
Why is it important for businesses to recognize secondary stakeholder groups?
arsen [322]
The answer to this question is letter e, they have legitimacy and can exert power. For the secondary stake holders in business are also considered to be important for they have the ability to control those around them in the are of business as they hold a power in which they could use to control them. Another factor is that they are valid and vital in the area of business to keep it from going.
4 0
3 years ago
Fijisawa Inc. is considering a major expansion of its product line and has estimated the following free cash flows associated wi
Kipish [7]

Answer:

Explanation:

a.)

Using Financial calculator, enter the following CFs to find NPV;

CF0 = -1,800,000

C01 =600,000

C02 =600,000

C03 =600,000

C04= 600,000

C05 = 600,000

Interest rate ( I ) = 8%

CPT NPV = $595,626.02

b.)

Profitability Index (PI)

<em>PI= NPV of cash inflows / Initial outlay</em>

Using Financial calculator, enter the following CFs;

Find the NPV of the expected future cash inflows;

CF0 = 0

C01 =600,000

C02 =600,000

C03 =600,000

C04= 600,000

C05 = 600,000

Interest rate ( I ) = 8%

NPV = $2,395,626.02

PI  = $2,395,626.02/1,800,000 = 1.331

c.)

You can use a Financial calculator to find the IRR;

CF0 = -1,800,000

C01 =600,000

C02 =600,000

C03 =600,000

C04= 600,000

C05 = 600,000

CPT IRR = 19.86%

d.)

Based on the NPV rule, a company should accept a project if the NPV is greater than 0. This project's NPV of $595,626.02 meets this criteria , therefore, the project should be accepted.

Based on IRR rule, a company should accept a project if the IRR of the project is greater than the cost of capital; which is also the required return. The IRR of this project is 19.86% which is significantly higher than the cost of capital of 8% hence in agreement that the project should be accepted. The Profitability Index is also greater than 1 hence the project should be accepted.

8 0
3 years ago
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