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3 years ago

To assess risk and return involved in a purchase decision, which practical questions should a potential buyer ask?

Business

2 answers:

Gennadij [26K]3 years ago

7 0

Answer:

What are the alternatives?

What is the likely return?

Is the risk worth the return?

Explanation:

In order to assess the risk and the returns involved in a purchase decision the practical decision which the potential buyer needs to answer or needs to ask is those mentioned above, as the buyer needs to make sure of the alternatives available, to him and the also assess the likelihood of the rate of return and the risks involved in the returns.

Daniel [21]3 years ago

6 0

I think there are about three correct answers from the list. To assess risk and return involved in a purchase decision, a potential buyer should ask the following:

What can go wrong?
What are the alternatives?
Is the risk worth the return?

Hope this answers the question. Have a nice day.

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Eneri Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10000 $9.20 Purchases: June 18 9

Gre4nikov [31]

Answer:

$206,000

Explanation:

Beginning inventory 10,000*9.2 $92,000

Purchases during the month (9000*8+ 6000*7) $114,000

Cost of Goods available for sale $206,000

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3 years ago

Read 2 more answers

Customers have become increasingly anxious about breaches of privacy, and it is essential for marketing researchers to _________

myrzilka [38]

Answer:

All of these.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Over the years, customers have become increasingly anxious about breaches of privacy and compromise of their data by business firms. Thus, it is essential for marketing researchers to;

I. Conceal or hide consumers' addresses (both work and home) and phone numbers when they share information on any platform.

II. They should only share customer information with the sales department for follow-up.

III. Respect and protect the privacy of all of their customers without question or recourse.

IV They should always refer to the company's code of ethics so as to determine what information are permitted to be released for public consumptions.

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3 years ago

Cybil Baunt just inherited a 1958 Chevy Impala from her late Aunt Joop. Aunt Joop purchased the car 40 years ago for $8,000. Cyb

Sholpan [36]

Answer:

a. $3,000 to have the vehicle restored

Explanation:

The computation of the financially better off amount is shown below:

= Sale value of the car after restored - restoration cost - sale value without any restoration cost

= $22,000 - $9,000 - $10,000

= $3,000

We simply deduct the restoration cost and the sales value without considering the restoration cost in the restoration sales value

All other information which is given is not relevant. Hence, ignored it

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3 years ago

You and seven other people relay your feelings and thoughts about a potential new product to a trained moderator. In exchange,

alukav5142 [94]

Answer:

Focus Group Interview

Explanation:

The reason is that the focus group is a small number of people who have great influence over the behavior of the consumer because of their knowledge and informed decision making. This is also because they know what changes in the environment are prominent these days and what product price is best choice for the features that the customer is willing to purchase. So the group of people (who largely interact with the customers) who has influence over the decision making of the customer to buy a particular product is Focus Group Interview.

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4 years ago

MCO Leather Goods manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 0.

ruslelena [56]

Answer:

Direct Materials Purchases Budget Sept 51680 October 60160

Direct labor Budget September 54600 October 66150

Overhead Budget Sept $ 20920 October $23,230

Explanation:

The budgets are calculated in the following ways.

We multiply the required material , direct labor hour or variable overhead rate with the given number of units and then with the cost per unit to get the total costs.

MCO Leather Goods Manufacturers

Direct Materials

Purchases Budget

September October November

Production 5200 6300 6100

Pounds per units * 2 *2 *2

Total Pounds 10400 12600 12200

Cost per pound * $4 * $4 *$4

Total cost 41600 50400 48800

On hand

Inventory + 10080 + 9760 ---

Direct Materials

Purchases Budget 51680 60160

MCO Leather Goods Manufacturers

Direct Labor Budget

September October

Production 5200 6300

Hours required per unit * 0.7 *0.7

Total hours 3640 4410

Rate per hour * $15 *$15

Total labor Cost 54600 66150

MCO Leather Goods Manufacturers

Factory Overhead Budget

September October

Production 5200 6300

Hours required per unit * 0.7 * 0.7

Labor Hours 3640 4410

Variable OH * $3 *$3

Variable Costs $10920 $13230

Fixed OH + $10,000 +$10,000

Total OH $ 20920 $23,230

8 0

3 years ago