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dybincka [34]
3 years ago
14

Market researchers for a local bakery determined that Jewish people consume 63% of the portion of bagels sold in New York City.

This is an example of ____ influence on consumer buying decision processes.
Business
1 answer:
Anon25 [30]3 years ago
7 0

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.

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A U.S. exporter sells $150,000 of furniture to a Latin American importer. The exporter requires the importer to obtain a letter
grandymaker [24]

Answer:

5.52%

Explanation:

Cost of Furniture= $150,000

discount= 5.25% (120-day note)

To get the exporter's true effective annual financing cost, we have:

150,000*[1-(0.0525*120/360)] = 147,375

=(150,000/147,375) 365/120-1 = 5.52%

Therefore, the exporter's true effective annual financing cost is 5.52%

6 0
3 years ago
Consider the following two projects. Both have costs of $5,000 in Year 1. Project 1 provides benefits of $2,000 in each of the f
frutty [35]

Answer:

1. Compute the net benefits using a discount rate of 6 percent.

Net befit of Project 1 = $629.04

Net befit of Project 2 = $1,578.47

2. Repeat using a discount rate of 12 percent.

Net befit of Project 1 = $339.38

Net befit of Project 2 = - $373.39

3. What can you conclude from this exercise?

(a) Project 2 should be chosen when the discount rate is 6 percent.

(b) Project 1 should be chosen when the discount rate is 12 percent.

Explanation:

Note: See the attached excel file for the calculations of net benefits for Project 1 and Project 2.

3. What can you conclude from this exercise?

(a) When a discount rate of 6 percent is used, both Project 1 and Project 2 have positive net benefit. But the net benefit of Project 2 of $1,578.47 is higher than the net benefit of Project 1 of $629.04.

Therefore, project 2 should be chosen when the discount rate is 6 percent.

(a) When a discount rate of 12 percent is used, only Project 1 has a net benefit of $339.38, but the net benefit of Project 2 is negative at minus $373.39.

Therefore, project 1 should be chosen when the discount rate is 12 percent.

Download xlsx
6 0
3 years ago
Sandra wants to purchase a Nitro scooter from the only Nitro dealer in town, but the dealer will not sell her the scooter unless
kari74 [83]

Answer:

Option D The Clayton Act.

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This legislation says that the unethical business practices are forbidden. This means if the Nitro dealer is asking for $500 extra for no reason then he is following an unethical business practice. So the Nitro Dealer is violating Clayton Antitrust act by fixing a price and then enforcing Sandra for purchase. So the violation is of provision of Clayton Act which prohibits price fixing.

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3 years ago
Charles Underwood Agency Inc. recently raised capital through an initial public offering (IPO). Its stock can now be purchased o
lozanna [386]
A publicly owned corporation
5 0
3 years ago
Compare the 3 main types of markets(Stock, Bond, Commodities), and give an example of how each could function.
kupik [55]

Answer:

In a company you are given partial ownership by Stocks, and a company or government loan by you. The biggest difference among them is how they generate profit: inventories must be valued and sold later, while most bonds pay fixed interest over time.

Explanation:

7 0
3 years ago
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