1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataly [62]
3 years ago
13

Eric was in the store and started looking at riding lawn mowers. He didn't come to this store for the purpose of purchasing one,

but he started considering it once he was there. However, he did not purchase one on that trip. Instead he went to other stores to look at their mowers, he asked his neighbor and his brother-in-law about their mowers, and he searched the Internet before he decided on the brand to purchase. Which type of decision making did Eric undertake?
Business
1 answer:
Alex_Xolod [135]3 years ago
4 0

Answer:

Extended decision making

Explanation:

Decision making can be described as the process of making a choice between two or more alternatives. It involves analysing various alternatives and then identifying the right action to take.

Extended decision making involves the choices made by customers during the purchase of an unintended/unfamiliar product or a product with a high price. This type of decision making requires a prolonged thought and search effort inorder to arrive at a suitable choice.

Inorder for a brand to have a positive effect on extended decision makers, it is essential that they create a large social media presence where individuals can share their various views on the product.

You might be interested in
Hueblue software, an application provider to the gaming industry, decided to enhance its portfolio by developing motion-control-
Gre4nikov [31]

Answer:

b) product differentiation

Explanation:

Based on the scenario being described it can be said that the competitive strategy that Hueblue software is implementing is known as product differentiation. This strategy focuses on making sure that the product that a particular company offers is unique and different from it competitor's products in order to make it more desired by a particular target market. Which is what Hueblue is doing by developing motion-control-enabled games which it's competitors do not have.

7 0
3 years ago
Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions
Deffense [45]

Answer:

Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000

Explanation:

Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

Best of luck.

Download xlsx
7 0
3 years ago
Select which government was granted each of the powers listed. Coining of money Fire and police protection Schools Army and Navy
Rashid [163]

Answer:

  1. Coining of money: FEDERAL GOVERNMENT
  2. Fire and police protection: STATE GOVERNMENT
  3. Schools: STATE GOVERNMENT
  4. Army and Navy: FEDERAL GOVERNMENT
  5. Treaties with other nations : FEDERAL GOVERNMENT
  6. Highways and roads: STATE GOVERNMENT
  7. Local courts: STATE GOVERNMENT

3 0
3 years ago
At which stage of new product planning does the management select the marketing campaign, identify regions to cover, and decide
denpristay [2]
The answer for your question is B
8 0
3 years ago
Read 2 more answers
b. D Corp stock currently trades at $50. August call options on the stock with a strike price of $55 are priced at $5.75. Octobe
coldgirl [10]

Answer:

The value of the time premium between the August and October options is $0.50

Explanation:

A time premium or time value is the amount by which the price of a stock option exceeds its intrinsic value.

To calculate the time premium between August and October we will Subtract October extrinsic value - August extrinsic value

Time premium = 6.25 - 5.75 = $0.50

3 0
3 years ago
Other questions:
  • In june 2009, when general motors went bankrupt, ______ became its majority stock holder.
    10·1 answer
  • If William performs plumbing upgrades for Patricia in exchange for her incorporating his business, then their __________________
    7·1 answer
  • Minimizing the use of energy and reducing emissions and waste are issues of importance to which stakeholder
    12·1 answer
  • Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many year
    10·1 answer
  • Being overwieght increases health problems and the cost of health care, and health insurance pays for health care costs for peop
    12·1 answer
  • Sea and Sand has a maximum 14 feet of front shelf space to devote to the four beverages combined. Tommy wants to use a minimum o
    13·1 answer
  • Retail managers can use ________ to determine which inventory items require the most attention.
    10·1 answer
  • The Golden Group is a group of luxury hotels that caters exclusively to high-end customers who form a small part of the market a
    5·2 answers
  • A cash flow statement can help you develop and determine budget categories.
    13·1 answer
  • Effective sales management begins with _______. determining sales goals to be met by the sales force determining the most effici
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!