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Nata [24]
3 years ago
15

Jose has accepted a sales position at Business Solutions Corporation. Prior to this job, Jose worked in the electronics departme

nt of a retail store selling personal computers to consumers. In his new job at Business Solutions, Jose will sell personal computers to businesses. Despite the fact that the products sold to these two customer groups are quite similar, Jose is likely to find that purchasing decisions by buyers in the two markets will be influenced by different factors.
A. True
B. False
Business
1 answer:
miv72 [106K]3 years ago
8 0

Answer:

Yes, it is true that Jose is likely to find that purchasing decisions by buyers in the two markets will be influenced by different factors.

Explanation:

Purchasing decisions is the set of organized thought that leads from intention to effective demand.

certain factors such as taste, preference, occupation, social status, gender, lifestyle, cultural or religious belief, etc can influence purchasing decisions.

Furthermore, the purchasing decision of an individual is different from that of a business entity because the objective of these two groups differ.

Consumers purchase personal computers for a number of reasons ranging from personal use to probably a mini business set up. This function might not require high specifications and the brand credibility might not matter except the individual has the purchasing power to buy premium PCs.

However, a business has a clear objective when purchasing a personal computer- for business transactions. They will opt for a durable brand, with high processing speed to save time and help service more customers, they will also prefer an affordable brand that is easy to maintain in order to maximize profit. And they usually make bulk purchases.

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According to the rational choice decision-making process, the first step in solving this problem would be:
ser-zykov [4K]

Answer:

The correct answer is: identifying the problem or opportunity.

Explanation:

Identifying the problem or opportunity is the first step in the rational decision-making process. To know which direction the firm is going to take, the main issue must be pointed out so based on the possible solutions the company can provide, the first steps can be taken towards achieving the solution.

4 0
3 years ago
Parent Co. invested $1,000,000 in Sub Co. for 25% of its outstanding stock. Sub Co. pays out 40% of net income in dividends each
yawa3891 [41]

Answer:

(A) $110,000

(B) $44,000

(C) $440,000

(D) $176,000

Explanation:

Parent corporation invested $1,000,000 in sub corpora tion for 25% of its outstanding stock

Sub corporation pays out 40% of net income of dividend each year

(A) Parent's Co's share of Sub's Co's net income for the year is $110,000

(B) Parent's Co's share of Sub's Co's share of dividend for the year is $44,000

(C) The total net income can be calculated as follows

= 110,000 ×100/25

= 11,000,000/25

= $440,000

(D) The total dividend for the year can be calculated as follows

= 440,000 ×40/100

= 440,000 × 0.4

= $176,000

5 0
3 years ago
A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:
Salsk061 [2.6K]

A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:

  • <u>Cartel</u>

According to the given question, we are asked to show the term which can be best used to <em>describe </em>a group of sellers who make an agreement to <em>reduce their collective output</em> so that price of goods would increase above their marginal costs.

As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.

Read more here:

brainly.com/question/15294015

3 0
3 years ago
Using the SMART goal-writing criteria, what refers to asking how to achieve the goal?
Deffense [45]

In SMART goal-writing criteria, the one that refers to being able to complete a goal is: Attainable

In determining a goal, we need to make sore that the Goal is possible based on our current ability, otherwise we just make ourselves and other people that we lead to a massive failure that could destroy our Morale as a team

3 0
3 years ago
Read 2 more answers
Does the firm need to alter its choices of C and L to decrease​ cost? A. ​Yes, they need to increase Upper Lincrease L which wou
kherson [118]

Answer:

Yes, they need to increase Upper L which would cause MP Subscript Upper L to decrease and MP Subscript Upper C to increase.

Explanation:

In the specific problem outlined above, the company wants to maximize its revenue and ensure that the production cost is as low as possible for the given quantity of land, cement and the available labor. In order to ensure that this is possible, the company must try to increase the upper L so that there would be an increase in MP (subscript upper C) and a decrease in MP (subscript upper L).

4 0
3 years ago
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