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joja [24]
3 years ago
8

Even though Miller loves bacon, he is worried about his cholesterol. He is also concerned how eating bacon may affect it. Before

deciding to buy lower-fat Oscar-Meyer Bacon, he looked up information on the Internet and read the label information on all the various brands of bacon in the meat counter. Miller engaged in: A. Complex decision making B. Extended problem solving C. Habitual decision making D. Limited problem solving E. Unlimited problem solving
Business
1 answer:
IceJOKER [234]3 years ago
4 0

Answer:

The answer is B. Extended problem solving

Explanation:

Extensive problem solving is likely to occur when the customer is purchasing a product that they have not bought before and the buyer has no information, experience about the products, services and suppliers. Consumers usually go for extensive problem solving when they discover that a need is completely new to them and requires significant effort to satisfy it.

You might be interested in
Sales Mix and Break-Even Analysis Einhorn Company has fixed costs of $105,000. The unit selling price, variable cost per unit, a
natali 33 [55]

Answer:

The break-even point in units of QQ and ZZ is 1,750 units and 2,625 units respectively

Explanation:

In this question, we use the combined break even point which is shown below:

Combined break even point = Fixed cost ÷ weighatge contribution margin per unit

where,

Weighted  contribution margin per unit = $15 × 40% + $30 × 60%

= $6 + $18

= $24

And, the fixed cost is $105,000

Now put these values to the above formula  

So, the value would equal to

= $105,000 ÷ $24

= 4,375 units

For products QQ = 4,375 units × 40% = 1,750 units

For product ZZ = 4,375 units × 60% = 2,625 units

7 0
3 years ago
Question Suppose you have $200,000 in a bank term account. You earn 5% interest per annum from this account. You anticipate that
Vanyuwa [196]

Answer:

Deposited amount will decrease by 1% and $2,000

Explanation:

Inflation rate will effect the value of money due to decrease in purchasing power of the currency holder.

We will use following formula to calculate the impact

Nominal rate = Real interest rate + Inflation rate

5% = Real interest rate + 6%

Real interest rate = 5% - 6% = -1%

The deposited amount will be decreased by 1%.

Deposit value = $200,000 x ( 1 - 1% ) = $198,000

Decrease in value = $200,000 - $198,000 = $2,000

6 0
3 years ago
The operational improvement cycle is referred to as the: a. 5S cycle b. FMEA cycle c. DMAIC cycle d. Generate - Integrate - Inte
Dimas [21]

Answer:

The operational improvement cycle is referred to as the:

c. DMAIC cycle

Explanation:

The DMAIC cycle involves continuous operational improvement.  The 'D' stands for 'to define' the process.  The 'M' stands for ' to measure' or quantify the performance process.  The 'A' stands for ' to analyze' performance to determine root causes.  The 'I' stands for 'to improve; the process.  The 'C' stands for control to achieve benefits.  These processes are the Sigma Six improvement processes that have been proven to yield improved organizational processes.

3 0
3 years ago
New England Co. had net cash provided by operating activities of $351,000; net cash used by investing activities of $420,000; an
Zinaida [17]

Answer:

New England's cash balance at the end of the year is $208,000

Explanation:

The computation of the ending cash balance is shown below:

Ending cash balance = Net cash provided by operating activities + net cash used by investing activities + cash provided by financing activities + beginning cash balance

= $351,000 - $420,000 + $250,000 + $27,000

= $208,000

We assume the investing activity have made a purchase of fixed assets that's why we deduct it plus it show that the amount is used and the sale amount of land is already included in the investing activity so we do not consider it

7 0
3 years ago
PLZ HELP FOR A TEST!!
Romashka [77]

Answer:

monopoly

Explanation:

In a monopoly market, a single firm sells a product with no close substitutes in a large market. It means that the single firm has no business competitors in the market. Without competition, the firm has the power to set prices, quality, and quantity without worrying about how customers will react.

In a monopoly market, customers have no choice since competition is absent. Customers have to do with high prices, limited varieties, and limited innovation, unlike in market structures that have business competition. Competition results in increased innovation, quality products, and a variety of products at fair prices.

6 0
3 years ago
Read 2 more answers
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