Answer:
5) Nonsanctioned leadership is as important as formal influence.
Answer:
Gabbie is in the Information Search phase of the consumer decision process. This is the second phase.
Explanation:
The Consumer Decision Process is a situation in which a consumer passes through the phases listed below in order to make a final purchase decision.
1. The first phase where the consumer recognizes a need they have to fulfil.
2. The second phase in which Information search is carried out in order to determine how best to meet this need.
3. The third phase which Alternative Evaluation phase. Here, the consumer evaluates each medium that can fulfil their needs.
4. The fourth phase, which is the decision making phase. Here, the consumer makes their purchase decision based on the evaluation of alternatives in the previous phase.
In some cases, supply curves are vertical, which means that for any price from 0 up to infinity, the quantity will stay the same.
This is very true for supply of an authentic painting in auctions, where there may only be 1 single painting, and people state the highest price they are willing to pay for the painting. Regardless of the price, there will only be 1 authentic painting for that price.
Hope this helps! :)
The statement that is true among the choices given is option C. The presentvalue of money is greater than its future value. This statement is a fact and is always true. The present worth of a money is greater than its future value due to inflation. This is the principle called the time value of money.
Answer:
incremental after tax cash flow for 2011: $1,145,000
Explanation:
Additional revenue $2,500,000
Cash operating expenses ($700,000)
Depreciation and amortization expenses ($300,000)
<u>Reduced inventories ($200,000)</u>
Pretax income $1,300,000
<u>Less taxes 35% ($455,000)</u>
Net income $845,000
<u>Add Depreciation and amort. expenses $300,000</u>
Free cash flow $1,145,000
