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ra1l [238]
2 years ago
11

What is a major distinction between customers who purchase a product because they are brand loyal and those who purchase by iner

tia?
Business
2 answers:
Over [174]2 years ago
5 0

Answer:

Whether the customers hold a very positive or weak attitude toward the product.

Explanation:

When a customer buys a product by inertia, they are doing it because they are used to doing so, and really pay no attention to the fact that they purchasing that specific product. E.g. when you purchase some convenience products, like toilet paper, milk, spices, etc., you purchase the same brands over and over again not because you are a fan of Charmin and dislike Scott (or vice versa), but because you always buy it.

When someone purchases a good or service because they are loyal to the brand, it means that the product itself is something that is relatively important to them, at least important enough for them to pay attention. Someone who is loyal to a brand will only purchase that specific brand, and if it is not available, will generally not purchase anything. E.g. I like Coke and despise Pepsi, so if there is no Coke, I drink water.

noname [10]2 years ago
3 0

The complete question should be:

What is a major distinction between customers who purchase a product because they are brand loyal and those who purchase by inertia?

A) the cost of the product

B) the social risk of the product

C) whether the purchase is made after a compensatory or noncompensatory decision process

D) whether the customers hold a very positive or weak attitude toward the product

Answer: whether the customers hold a very positive or weak attitude toward the product

Explanation:

A consumer who buys a product based on inertia is a consumer who buys a product he/she isn't familiar with but is attracted to purchase, therefore no strong link between the consumer and product. While a consumer who purchases a product he/she is loyal to has a very strong connection to that product.

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When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss
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Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

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6 0
1 year ago
If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is ______________.
Jobisdone [24]

Answer:

The amount of cash received from the sale is $1,027,500

Explanation:

In this scenario we first have to know the number of bonds issued and then multiply it by the bond price which is given to us in the question.

The bonds have a total face value of 1,000,000 and one bond is issued at 102.75 which means that the face value of a single bond is 100.

Now in order to find the number of bonds issued we will divide the total face value by the face value of a single bond.

1,000,000/100=10,000.

10,000 bonds were issued at $ 102.75 now in order to calculate the total cash received we will multiply the number of bonds with the issue price.

10,000*102.75=1,027,500

4 0
3 years ago
Which of the following documents will a bank issue in order to secure a loan with your personal assets?
Minchanka [31]
You to do a loan application
6 0
3 years ago
Josh purchased 100 shares of XOM at the beginning of 2016. He received dividends per share of​ $1.37 (2016),​ $1.55 (2017),​ $1.
Natalka [10]

Answer: 7.80%

Explanation:

At the end of 2016, Josh received a dividend of $1.37 and at the end of 2020, he received one of $1.85.

You can calculate the growth rate with the formula:

Dividend Growth Rate = (Dividend received at end of 2020/Dividend received at end of 2016) ^ (1/n) - 1

2016 to 2020 is 4 years.

Dividend growth rate = (1.85 / 1.37)¹/⁴ - 1

= 0.07798518

= 7.80%

8 0
3 years ago
"Sheridan Processes is involved with innovative approaches to finding energy reserves. Sheridan recently built a facility to ext
gladu [14]

Answer:

Natural gas is debited by $6.3 million and asset retirement obligation is credited by $6.3 million.

Explanation:

According to the scenario, computation of the given data are as follow:-

Estimated cost = $16 million

Present value = $6.3 million

So, we will make journal entry for asset retirement obligation by taking present value of assets.

Journal entry to record the asset retirement obligation are as follows :-

Natural gas facility A/c  Dr.   $6,300,000

To Asset retirement obligation A/c  $6,300,000

( Being asset retirement obligation is recorded)

4 0
2 years ago
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