1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PtichkaEL [24]
3 years ago
11

While making purchase decisions, which of the following products is most likely to elicit the greatest reference group influence

?
A) A car.
B) A medicine.
C) An award-winning novel.
D) A toothbrush.
Business
1 answer:
Iteru [2.4K]3 years ago
3 0

Answer: a car

Explanation:

While making purchase decisions, the product that is most likely to elicit the greatest reference group influence will be a car.

This because when an individual has a car, other people see the person and use that as a reference group. It should also be noted that a good thatbis considered public good has a strong influence group.

You might be interested in
Shackleford corporation net income this year is $800,000. The company generally retains 35% of net income for reinvestment. the
ZanzabumX [31]

Answer:

A. $22.61

Explanation:

First,

find the growth rate(g);

g = ROE *retention  rate

retention  rate = 35%

ROE = Net income/value of equity

ROE = 800,000/5,000,000 = 0.16

Therefore, g = 0.16*0.35

g =0.056 or 5.6%

Price = \frac{D0(1+g)}{(r-g)}

D0 = Recently paid dividend

g = growth rate

r = required return

Price = \frac{1.37(1.056)}{0.12-0.056} \\ \\ =\frac{1.44672}{0.064} \\ \\ =22.605

Therefore, the value of this stock is $22.61

4 0
3 years ago
At a particular store, candy bars are normally priced at $1.00 each. last week, the store offered a promotion under which custom
ipn [44]
<span>1 candy cost 1 2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer) 3 candies cost 1.50 +1 =2.50 4 candies cost 2.50+.50= 3 5 candies cost 3+1= 4 6 candies cost 4+.50= 4.50 7 candies cost 4.50+1=5.50 8 candies cost 5.50.+.50= 6 9 candies cost 6+1= 7 ..... 13 candies cost =10 (i) D is prime D=3 and N=4 (N is even) D=7 N=9 (N is odd ) not sufficient (ii) D is not Divisible by 3 D=1 N=1 D=4 N =5 D=7 N=9 D=10 N=13 so we see if D is not divisible 3 then N is always odd.</span>
6 0
3 years ago
Which of the following statements about marketing is true? Multiple Choice A marketing exchange focuses on making a single trans
klemol [59]

Answer:

Marketing only occurs when two or more parties are willing to exchange one thing for another thing.

Explanation:

It is understood that marketing only occurs when two or more parties are willing to exchange one thing for another thing.

5 0
3 years ago
The exponential form of 6×6×6×6 is 6 the base is 4 True or False?​
Maru [420]
False because the base is 6 and the exponent is 4
7 0
2 years ago
Because Brianna loves Chinese food, she was eager to check out a new Chinese restaurant. The restaurant had undertaken a large-s
Lana71 [14]

The Chinese restaurant failed to realize the importance of "word-of-mouth marketing."

<h3>What is word-of-mouth marketing?</h3>

Whenever a consumer's interest inside a company's service or product is reflected in their regular conversations, this is referred to as word-of-mouth marketing (also WOM marketing). Basically, it is free promotion brought on by consumer experiences, which are typically above and beyond their expectations.

Some key features regarding word-of-mouth marketing are-

  • Word-of-mouth marketing occurs when customers recommend a business's goods or services to their friends, relatives, and other people they value highly.
  • WOM marketing is among the most effective kinds of advertising since 88% of consumers prefer suggestions from their friends than those in traditional media.
  • By exceeding customer expectations with a product, delivering first-rate customer service, and providing consumers with insider knowledge, businesses can promote WOM marketing.
  • The finest word-of-mouth marketing methods, according to Word of Mouth Marketing Association (WOMMA), are sincere, credible, sociable, repeatable, measurable, and respectful.

To know more about the word-of-mouth marketing, here

brainly.com/question/15472521

#SPJ4

6 0
1 year ago
Other questions:
  • The accountant at Novak Corp. has determined that income before income taxes amounted to $13400 using the FIFO costing assumptio
    7·1 answer
  • If the month-end bank statement shows a balance of $54,000, outstanding checks are $15,000, a deposit of $6,000 was in transit a
    12·1 answer
  • The Procter &amp; Gamble Company is a major producer of bar soaps. In fact, Procter &amp; Gamble produces Ivory,Camay, Lava, Saf
    7·1 answer
  • Why do some people have a problem with their credit cards?
    6·2 answers
  • On June 1 st a hotelâ s balance sheet shows assets of $6,400,000 and ownersâ equity of $2,000,000 what is the amount of the hote
    7·1 answer
  • Play-It-Loud, LLC, provides music-streaming services online subject to complex pricing schedules. To control specific offers for
    10·1 answer
  • 2 <br><br> New-derection product innovation
    14·1 answer
  • Chuck has AGI of $70,000 and has made the following payments State income tax $1,900 Federal income tax $7,100 Social Security t
    8·1 answer
  • Zugar Company is domiciled in a country whose currency is the dinar. Zugar begins 2017 with three assets: cash of 28,200 dinars,
    6·2 answers
  • Gareth bought a home for $135,000. The home gained 2. 2% in value every year for eight years until Gareth sold it. How much prof
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!