All categories

3 years ago

In comparison to the buying pattern of final consumers, the purchasing behavior of organizational buyers is

Business

2 answers:

Sunny_sXe [5.5K]3 years ago

5 0

Answer: is primarily influenced by economic needs.

Explanation: Customers usually evaluate their purchasing power before actually deciding which product to purchase and why. Purchasing power is the financial ability the customer has to buy a product or service. Economic factors are the main influence of any buying decision. This is naturally because people need cash to buy what they want. So they cannot buy what they cannot afford. Thus a factor to look at within this section is affordability. Other factors to consider are also the quality of the products as well as how reliable they are.

Jet001 [13]3 years ago

3 0

Answer:

first and foremost influenced by the economic needs that they have for quality and reliability.

Explanation:

Based on the information provided within the question it can be said that the the purchasing behavior of organizational buyers is first and foremost influenced by the economic needs that they have for quality and reliability. Since consumers want to purchase a product they can trust that will not fail after purchase and will get the job that it is suppose to do, done.

You might be interested in

The number of days' sales in inventory is calculated as __________ divided by __________.

Irina18 [472]

A. Average inventory; average daily cost of goods sold

8 0

2 years ago

Read 2 more answers

Last year, Cayman Corporation had sales of $7,000,000, total variable costs of $3,000,000, and total fixed costs of $1,500,000.

UNO [17]

Answer:

b. 13.9%

Explanation:

sales 7,000,000

variable cost (3,000,000)

contribution 4,000,000

fixed cost (1,500,000)

interest (480,000)

EBT 2,020,000

tax expense (707,000)

net income 1,313,000

contribution margin 4,000,000 / 7,000,000 = 4/7

if sales increase by 7%:

7,000,000 x 0.07 x 4/7 x (1- 0.35) = 182,000

income after increase in sales: 1,313,000 + 182,000 = 1,495,000

increase in earnings: 1,495,000 / 1,313,000 - 1 = 0.138613861 = 13.9%

3 0

3 years ago

Alpha Corporation reported the following data for its most recent year: sales, $670,000; variable expenses, $420,000; and fixed

MariettaO [177]

Answer:

the degree of operating leverage is 5

Explanation:

The computation of the degree of operating leverage is given below:

= Contribution margin ÷ EBIT

= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)

= ($670,000 - $420,000) ÷ ($670,000 - $420,000 - $200,000)

= $250,000 ÷ $50,000

= 5

Hence, the degree of operating leverage is 5

3 0

3 years ago

You are the newly appointed sales manager of the Rock Record Company and have been charged with the task of increasing revenues.

djyliett [7]

Answer:

increase the price of our products or services.

Explanation:

When the price elasticity is less than 1 (inelastic), then an increase in the price of our products or services will result in a proportionally smaller decrease in the quantity demanded. Therefore, by increasing our prices, we can increase total revenue even if the quantity demanded decreases a little.

7 0

3 years ago

Question Workspace Productivity a. is nearly the same across countries, and so provides no help explaining differences in the st

laiz [17]

Answer:

The correct answer is letter "D": explains most of the differences in the standard of living across countries.

Explanation:

Productivity is an economic term that describes the relationship between output and inputs needed to produce those outputs. It measures effectiveness. The total production of a country given a period is calculated in its Gross Domestic Product (GDP).

When the GDP is divided by the total population of a country it is called GDP per capita which reflects the average expenditure of individuals. This metric allows having an idea of what the lifestyles of those people are. Usually, smaller wealthy countries such as Switzerland have higher GDP per capita showing a better quality of life.

6 0

3 years ago