Answer:
$10,904.84
Explanation:
According to the scenario, computation of the given data are as follow:-
Year Deposit amount ($) At 9% for 3 years Future value of deposits ($)
1 $1,500 (1.09)^3 = 1.295029 $1,942.54
2 $3,000 (1.09)^2 = 1.1881 $3,564.3
3 $2,200 (1.09)^1 = 1.09 $2,398
4 $3,000 1 $3,000
Total $10,904.84
Future value = cash flow × (1 + interest rate)^number of years
When the amount of $10,904.84 is available, I buy the car.
The purchase of low-quality materials would most likely the result of a favorable materials price variance coupled with an unfavorable material usage variance. Material price variance is the difference between the cost and the budgeted and actual cost to obtain an object or materials, multiply to the total amount of the product purchased. They are what you called positive value of direct material price and negative value of direct material price. A positive value of direct material price variance is the one that is favorable and it means that the direct material was purchased for a lesser price than the standard price. A negative value of direct material price variance is the one that is unfavorable and it means that more than the expected price per unit is paid.
Answer: B
Robert is in the Evaluation of alternatives stage of the buyer decision process.
Explanation:
The various stages which consumers go through when they are considering a purchase are as follows:
Problem or need recognition , Information search
, Evaluation of alternatives
, Purchase
, Post-purchase behavior
Evaluation of alternatives is the third stage in the Consumer Buying Decision process. In this stage, the consumers evaluate all their options based on the attributes of the products which is capable of delivering the benefit/ satisfaction that the consumer intends to get. Comparing the products (i.e different brands of products that is capable of satisfying the consumer needs), shows the alternatives being considered by consumers during the problem-solving process.
Therefore Robert, trying to choose between : Waterbags for Roadies, Supertanker Hydropacks, and Fast Water is in the stage of Evaluation of alternatives stage. Therefore the answer is B
Answer: The consumer market segment that is described is the Usage-Rate Segmentation.
Explanation:
This type of consumer market segment is used to determine how much a buyer/consumer uses the product. This put the consumer into a particular category that is used by companies when deciding on their products.
The consumers/customers are put into categories such as the;
- heavy product users
- light product users
- non-users
- medium product users
Larger companies tend to market towards the heavy product users instead of the other 3 categories.
