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alina1380 [7]
2 years ago
6

Robert has taken up cycling as a hobby and as a way to maintain his physical fitness. He wants to buy a hydration system since h

e will need a lot of water as he cycles. Having gathered a great deal of information, he has finally narrowed down his choices to three systems: Waterbags for Roadies, Supertanker Hydropacks, and Fast Water. Robert is in the ________ stage of the buyer decision process.
A) Need recognitionB) Evaluation of alternativesC) Product trialD) Post purchase evaluationE) Information search
Business
1 answer:
LuckyWell [14K]2 years ago
6 0

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

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The learning curve is:_______
never [62]

Answer:

Option C, Shows the decrease in unit cost as more of the same product is produced over time, is the right answer.

Explanation:

Option C is the correct answer because the learning curve shows the relationship between the cost of the production and output over the time period. Moreover, this curve shows the cost savings when more output is produced over time. The same can be seen in option C that the cost decreases when output rises which means there is a cost-saving.

5 0
2 years ago
What is the similar about negative growth rate and zero growth rate?
kifflom [539]
The similarity of negative growth rate and zero growth rate is that there is no growth towards a positive output. For example, if the business is currently in either state, it is not earning. It may be very stagnant (for zero growth rate) or losing (for negative growth rate). Which either the case may be, it is not beneficial to the business owner. 
3 0
3 years ago
Read 2 more answers
Suppose the demand function for good X is given by:
fiasKO [112]

Answer:

Explanation:

Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6

Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2

Cross Elasticity = -0.2 / 0.8 = -0.4

7 0
2 years ago
____________refers to information being available to users early enough to allow them to use it in the decision process.
S_A_V [24]

Answer:

The correct word for the blank space is: Timeliness.

Explanation:

Timeliness is a characteristic the Financial Statements must meet by which executives in decision-making positions could be able to read and comprehend what the information reflects on the company's well being so they can take proper action to correct the course of the company or find the way to keep it and improve it.

7 0
3 years ago
Roscoe signs a written agreement with Philip, giving Philip the right to cast Roscoe's votes for a certain group of people nomin
WINSTONCH [101]

Answer: Proxy

Explanation:

 The proxy agreement is one of the type of legal or the authorized act which is done of the behalf of another person. By using this type of agreement we can easily done various types of legal formalities in the business management firm.

The proxy agreement should in the written format and specifically signed by the other member or party in the management. The proxy agreement is valid 10 months starting from the the date of issue.

According to the given question, the agreement between the Philip and the Roscoe is basically know  as the proxy agreement in the corporation.

Therefore, Proxy is the correct answer.

8 0
3 years ago
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