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3 years ago

The process that falls between buying for a new need and making a routine repurchase is called

Business

1 answer:

Archy [21]3 years ago

7 0

Answer:

Modified Rebuy

Explanation:

Modified rebuying is the process whereby an individual or an organization makes a purchase that have been previously purchased but this times makes changes to some elements different from the previous purchase like change of suppliers, terms, price and so on. In this case, the buyer reviews the buying situation. Here, the buyer is interested in modifying the specifications of goods previously purchased.

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Kim's Kayak Tours initially identified active retirees living in the retirement community nearby as one of its target markets. K

Nezavi [6.7K]

Answer: Option E

Explanation: In simple words geographic segmentation refers to the study under which the organisation studies its population based upon any characteristics for the purpose of marketing.

Similarly lifestyle segmentation refers to the study of ongoing change in taste and preferences of the population.

In the given case, Kim kayak first identified the population of the retires and then identified their needs and preferences.

Hence from the above we can conclude that the correct option is E.

6 0

4 years ago

According to Daniel Kahneman and Amon Tversky, a $1 loss pains us ________ times more than a $1 gain helps us.

34kurt

Daniel Kahneman and Amon Tversky believe that when we suffer a $1 loss, compared to a $1 gain, we suffer 2.25 pain.

<h3>What did Daniel Kahneman and Amon Tversky believe?</h3>

Based on some models that the two ran, they came up with a conclusion that we suffer more from losses than we get help from gain.

Their prediction was that a loss of $1 can hurt us about 2.25 more times than a gain of $1 can help us.

Find out more on losses at brainly.com/question/1165724.

7 0

2 years ago

On January 1, 2020, Waterway Company purchased 11% bonds, having a maturity value of $312,000 for $336,270.95. The bonds provide

mafiozo [28]

Answer and Explanation:

The journal entries are shown below:

1. 11% bonds payable $336,270.95

To cash $336,270.95

(Being the bond purchased for cash is recorded)

2. Cash ($312,000 × 11%) $34,320

To Interest revenue ($336,270.95 × 9%) $30,264

To 11% bond payable $4,056

(Being the interest revenue is recorded)

Fair value adjustment $1,685.05

To Unrealized gain $1,685.05

(Being the recognition of fair value is recorded)

It is computed below:

= (333,900 - ($336,270.95 - $4,056) )

3. Unrealized gain $13,000 ($333,900 - $320,900)

To fair value adjustment $13,000

(Being the recognition of fair value is recorded)

8 0

4 years ago

g Credit card applicants have an average credit rating score of 667. Assume the distribution of credit scores is Normal with a s

Marizza181 [45]

Answer:

$P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)$

And we can find this probability using the complement rule and excel or a calculator and we got:

$P(z>0.508)=1-P(z$

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Solution to the problem

Let X the random variable that represent the rating score of a population, and for this case we know the distribution for X is given by:

$X \sim N(667,65)$

Where $\mu=667$ and $\sigma=65$

We are interested on this probability

$P(X>700)$

And the best way to solve this problem is using the normal standard distribution and the z score given by:

$z=\frac{x-\mu}{\sigma}$

If we apply this formula to our probability we got this:

$P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)$

And we can find this probability using the complement rule and excel or a calculator and we got:

$P(z>0.508)=1-P(z$

7 0

3 years ago

The following data pertain to Dakota Division's most recent year of operations.

Kisachek [45]

Answer:

The Dakota Division's sales margin, capital turnover, and return on investment for the year is 7.40% , 4.60 times and 34% respectively

Explanation:

The computations are shown below:

1. For sales margin :

Margin = Income ÷ Sales × 100

= $4,250,000 ÷ $57,500,000 × 100

= 7.40%

2. For turnover:

Turnover = Sales ÷ Average invested capital

= $57,500,000 ÷ $12,500,000

= 4.60 times

3. For Return on investment:

Return on investment = Income ÷ Average invested capital × 100

= $4,250,000 ÷ $12,500,000 × 100

= 34%

8 0

4 years ago