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Ilya [14]
3 years ago
8

Before purchasing a car, John sought advice from his friends and researched auto reviews on the Internet. He also visited car de

alers and went for a test-drive. In which of the following stages of the consumer decision-making process is John engaged?
Multiple Choice

A. internal information search

B. external information search

C. postpurchase evaluation

D. problem recognition

E. evoked set manipulation
Business
1 answer:
KiRa [710]3 years ago
4 0

Answer:

Option B External Information Research

Explanation:

John has researched about the car from external resources because asking a friend, researching auto reviews online, visiting car dealers and going for a test drive all constitutes to external sources of infromation. External source of information is dependent on the knowledge of the external sources and thier evaluation criteria.

You might be interested in
Market researchers for a local bakery determined that Jewish people consume 63% of the portion of bagels sold in New York City.
Anon25 [30]

Answer:

Subcultural

Explanation:

Consumer behaviour refers to how individuals make decisions on ways to spend their available resources, time, money, and effort on variety of items.

A society is composed of several sub-cultures in which iindividuals can identify themselves. A Subculture is a group of people within a culture who are different from the dominant culture but have something in common with one another such as common interests, religions, ethnic backgrounds.

Culture is considered an external factor that influences consumer behavior. Since different cultures have different values, they will have different buying habits. A typical example is the Jewish people that purchase about 63% of bagels that is sold in New York City.

7 0
3 years ago
You are doing some analysis on the has a market value that is equal to its book value. Currently, the firm has excess cash of $1
ikadub [295]

Answer:

the new earnings per share will be 231 cents

Explanation:

Earnings per share is Earnings attributable to each Common Share.

Earnings Per Share = Earnings attributable to Holders of Common Stock/ Weighted Average Number of Common Shares

                                = $1,575 million/ (700 million-250/10000×700 million)

                                = $1,575 million/(700 million-17,2 million)

                                = 231 cents

8 0
3 years ago
Read 2 more answers
Luke Anderson is earning $48,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cos
Kitty [74]

The minimum requirement of salary = $53760

<u>Explanation:</u>

Cost of living in city is 12 percent higher than where Luke Anderson lives. So, Luke Anderson will require 12 percent higher salary than existing salary in order to maintain the existing standard of living

<u>The calculations are as follows. </u>

Current salary of Luke Anderson = $48000

12 percent increase = 48000 multiply with 12 percent = 5760

Thus, the required minimum salary = 48000+ 5760 = 53760

So, Luke Anderson will require minimum salary of $53760

4 0
4 years ago
Reality, Inc. is a major producer of reality television shows. The company faces fierce competition from three other major produ
jarptica [38.1K]

Answer:

OLIGOPOLY

Explanation:

If Reality, Inc. is a major producer of reality television shows and the company faces fierce competition from three other major producers of similar shows. If together, Reality, Inc. and its three rivals control almost all of reality television. Their market environment is called Oligopoly

Oligopoly can be defined as a market environment or structure where a small number of firms control the market; none of which can keep the others from having significant market share or influence.  

It can also be said that Oligopoly is a collusion of a small number of firms, either explicitly or tacitly, to fix prices or control quantity supplied, in order to achieve above normal market returns.

6 0
3 years ago
What is the correct entry for a $100 purchase of supplies on credit? A. Debit Cash: $100 &amp; Credit Supplies: $100 B. Debit Ac
Vsevolod [243]

Answer:

c. Debit supplies $100 & Credit Account payable $100

Explanation:

Preparation of Journal entry for for a $100 purchase of supplies on credit

Since we were told that the amount of $100 purchased of supplies was made on credit which means that the correct entry will be :

Dr Supplies 100

Cr Account payable 100

7 0
3 years ago
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