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Phantasy [73]
3 years ago
10

Consumer sovereignty means that legislation now protects the rights of consumers to dispose of their incomes as they see fit.

Business
1 answer:
Gelneren [198K]3 years ago
3 0

Answer:

The correct answer is B false.

Explanation:

Consumer sovereignty mean consumers are the final authority to determine which goods are the most suitable to fulfill their needs and that is the reason why their decisions, preferences and habits should be the starting point of any new invention. Means the holder of scarce resource has to produce those products that customers wants to satisfy their need. The power of consumer spending is the best judge of what to produce.

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In a marketing context, customers seek a fair return in goods and/or services for their hard-earned money and scarce time. They
Alinara [238K]

Answer:

the answer is They are seeking Economic <u>Value</u>.

Explanation:

In a marketing context, customers seek a fair return in goods and/or services for their hard-earned money and scarce time. They are seeking <u>value</u>, which reflects the relationship of benefits to costs, or what you get for what you give.

Value is variable, lets zero in on Economic Value since the subject is effective demand from a customer.

Economic Value is the worth or benefit derived from a product or service paid for. It could be comfort, pleasure, satisfaction, relief from pain, etc.

It is directly proportional to the amount paid for. Therefore, greater value attracts higher cost and vice versa.

6 0
3 years ago
Alexander has found that both commercial and residential real estate buyers respond positively to his marketing communication me
ioda

Answer:

Market segment

Explanation:

Consumers that share similar interest are grouped together to form a market segment. This is a marketing strategy to direct marketing communication to such groups expecting similar response from them.

This way the organization will be able to identify target customers and ensuring that marketing activities are successful.

Here, Alexander has identified market segment in commercial and real estate buyers as their response are similar to the marketing communication.

5 0
3 years ago
Assume Clarks cannot estimate the standalone selling price of a pair of SunBoots sold without a coupon. Prepare a journal entry
kicyunya [14]

Answer and Explanation:

The journal entry is shown below:

Cash Dr (1,000 × $65) $65,000  

     To Sales revenue $59,000  

     To Deferred Revenue -Discount coupon  $6,000

(1,000 × $100 × 30% × 20%)

(Being the sales revenue is recorded)

here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities

7 0
2 years ago
What kinds of business transactions are NOT summarized in a sole proprietor's books? A. Credits. B. Expenses or deductions. C. G
yan [13]

Answer:

D. Sole proprietor's wages.

Explanation:

The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.

Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.

4 0
3 years ago
At the beginning of a call to the cable company, a message tells customers, “After you finish talking to our customer service re
zheka24 [161]

the answer is voluntary because its up to you take it

5 0
3 years ago
Read 2 more answers
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