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Kryger [21]
4 years ago
15

A consumer recognizes a need. The next step in the complete decision- making process is for the customer to

Business
2 answers:
Alexxandr [17]4 years ago
5 0

The steps in the consumer decision process are:

Recognize the need- Recognizing the need for a product or service

Gather Information- consumer gathers information on the options in the market

Alternative evaluation- Consumer weighs their options among alternatives

Purchase decision- Customer makes the purchase

Post purchase evaluation - Customer reflects on purchase

Marizza181 [45]4 years ago
4 0

Answer:

Search for information is the correct answer.

Explanation:

The consumer decision making process helps the consumer identify their needs, put some information together, think about the pros and cons of the different options, and finally, select the most convenient option. So, after the consumer recognizes a need (step number one) the consumer needs to search for information so it is possible to continue.

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Chemical Mines has 5,000 shareholders and is preparing to elect two new board members. You do not own enough shares to personall
topjm [15]

Answer:

Chemical Mines

The most likely outcome of this situation given that some shareholders are happy with the existing management is:

A) proxy fight for control of the board.

Explanation:

Proxy fight is a competitive struggle that shareholders of Chemical Mines can engage in to support their factional sides by using proxy votes to gain control of the board of directors, thereby stirring decisions to their sides.  Proxy votes are the votes of shareholders elected to represent the absentee shareholders by those present at the annual general meeting, where directors can be appointed.

6 0
3 years ago
Refer to the following selected financial information from Graphics, Inc. Compute the company's times interest earned.Interest e
Westkost [7]

Answer:

9.70 times

Explanation:

The formula and the calculation of the times interest earned ratio is computed below:

Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)

where,  

Earnings before interest and taxes = Net income after tax + interest expense + income tax expense

=$56,500 + $9,100 + $22,700

= $88,300

And, the interest expense is $9,100

Now place these values in the formula above,

so the ratio would be equal to

= $88,300 ÷ $9,100

= 9.70 times

5 0
4 years ago
What is one of the three functions of the central vision area of a driver?
ruslelena [56]
Although the focus vision is the one responsible for the targeting function, it is the central vision that allows the viewing of the line of sight to the target area. It is the central vision that allows a relative focus for mid distances and blurring of what's around. It is important on a motorway, for example, as what's ahead is the most important once there isn't people or very busy areas around.
7 0
3 years ago
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
natima [27]

Answer:

Fatboy = $4,000

Screamer = $5,000

Explanation:

Particulars                         Amount  

Direct labor                       $6,000,000  

Indirect materials               $1,800,000  

Other overhead                $4,200,000  

Conversion costs                 $ 12,000,000  

Number of units assembled  6,000  

Operation cost per unit           2,000

Particulars                 Fatboy        Screamer            Total

Operation cost             $4,000,000     $8,000,000   $12,000,000

Fatboy = 2,000 × 2,000

Screamer = 4,000 × 2,000

Materials cost             $4,000,000     $12,000,000   $16,000,000

Fatboy= 2,000 × 2,000

Screamer = 4,000 × 3,000

Total cost              $8,000,000 $20,000,000    $28,000,000

Number of units       2,000         4,000             6,000

Unit cost                $4,000          $5,000

7 0
4 years ago
A product has a contribution margin of $7 per unit and a selling price of $45 per unit. Fixed costs are $35,000. Assuming new te
balu736 [363]

Answer:

5,300

Explanation:

Given that,

contribution margin per unit = $7

selling price = $45 per unit

Fixed costs = $35,000

Total fixed cost after increase:

= $35,000 +  $20,650

= $55,650

contribution margin per unit after increase:

= $7 + (50% × $7)

= $7 + $3.5

= $10.5

Therefore,

New Break even point:

= Fixed cost ÷ Contribution per unit

= $55,650 ÷ $10.5

= 5,300

6 0
3 years ago
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