The buying decision is likely to be most complex and take longest to complete in a new buy B2B buying situation.
<h3>What Is the New Buy Situation ?</h3>
In a NEW BUY situation, the buying center is likely to proceed through all six steps in the buying process and involve many people in the buying decision.
A new buy situation occurs when the customer buys goods or service for the first time. Because of this, the buying decision is quite involved to the extent of going through the six steps of the buying process.
The three types of buying situations are;
- new buys.
- modified rebuys.
- straight buys.
For example, in the new buy situation, a single organization is the first to buy a particular product or service, Hence, we would expect the provision of more product and service descriptions than in a straight rebuy situation where the organization is already familiar with the products and just simply reorders an existing product or service from preferred suppliers.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
a. modified rebuy
b. straight rebuy
c. new buy
d. adapted buy
e. generic buy
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Using the formula for simple interest, it is found that Nolan Walker paid $170.35 in interest with the principal amount.
<h3>What is the simple interest?</h3>
Simple interest is computed on the loan principal or the first deposit into a savings account. Because simple interest does not compound, a creditor will only pay interest on the principal amount.
<u>Formula</u>:
S.I. = P×R×T
Where,
S.I. = Simple Interest
P = Principal Amount = $2,800
R = Interest Rate = 5.25%
T = Time Period = 423 days (From Dec. 26, 2019, to Feb. 21, 2021)
Then, the amount of S.I. by applying the given values in the formula would be:
S.I. = $2,800× 0.0525 ×423/365
S.I. = $170.35
Therefore, He will pay $170.35 as interest.
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False.A person's net worth statement shows a person's net worth based on assets and liabilities Done through:
Assets- money or items of value (car, house)
Liabilities- debts you owe (loans)
The organization responsible for funding international economic development is the World Bank.
The international financial development Council is a non-earnings non-partisan membership business enterprise serving economic builders and monetary
We help developing international locations reap sustainable boom through financing funding mobilizing capital in worldwide economic markets and imparting advisory services to groups and governments.
International financial institution in full international financial institution organization, global company affiliated with the United nations and designed to finance tasks that beautify the monetary improvement of member states. situated in Washington the financial institution is the most important supply of financial help to developing international locations.
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Answer:
False
Explanation:
For a company that sells several products, cost-volume-profit techniques can be used to calculate the sales volume required to yield a target level of profit if the sales-mix is known.
Sales mix of the products of a multi-product manufacturing company helps to confront the challenges of cost-volume-profit computations. It requires a redefinition of what each unit will be. Unit will be the sales mix which contains the desired number of units of all products, and this sales mix will yield the composite ''unit contribution''