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
ra1l [238]
3 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]3 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]3 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.

You might be interested in
What are some specific liquids that have less than 80 percent water?
Tom [10]
Milk and syrup are two specific liquids

BRAINLIEST PLZ!!!!!
5 0
3 years ago
Cane Company manufactures two products called Alpha and Beta that sell for $135 and $95, respectively. Each product uses only on
Vika [28.1K]

Answer:

CANE COMPANY

a. total amount of traceable fixed manufacturing overhead

Alpha  =  $19*105,000   = $1,995,000

Beta  = $21*105,000   =   $2,205,000

b.  Company's total amount of common fixed expenses =

Aplha  = $18*105,000 =     $1,890,000

Beta   = $13* 105,000 =     $1,365,000

Total                           =    $3,255,000

c.  Increase in profit as result of accepting the offer = additional contribution * additional unit sold

                        = $14*13,000

                            = $182,000

additional contribution =$92 - (30 + 23 + 10 + 15)

d.  Decrease in profit = loss of contribution * unit sold

                                     = -13 *4000

                                     = ($52,000)

   loss of contribution  =  42 -( 18+ 16 +8+13)

Explanation:

3 0
4 years ago
During 2008 in the United States, consumer confidence fell significantly. Which of the following will occur as a result of this
Anestetic [448]

Answer:

The correct answer is option D.

Explanation:

A reduction in consumer confidence will cause the IS curve to move leftwards. The IS curve is short for the investment savings curve. It shows the equilibrium in the goods market. It shows different combinations of interest rates and income where the goods market is in equilibrium.

A change in consumer spending causes a shift in the IS curve. A reduction in consumer confidence will cause consumers to spend less. This reduction in consumer spending will further cause the IS curve to shift to the left.

6 0
4 years ago
You own a small manufacturing business that produces widgets. You have spent $400,000 acquiring the fixed assets you need to pro
anygoal [31]

At the current level of operating leverage, the small manufacturing business needs to sell <u>18,182 units</u> of widgets to break even.

<h3>What is the break-even point?</h3>

The break-even point is the level of production and sales required so that the entity does not incur any losses or earn any profits.

At the break-even point, the total costs (fixed and variable) equal the sales revenue.

<h3>Data and Calculations:</h3>

Fixed assets = $400,000

Production cost of each widget = $3

Selling price per unit = $25

Variable cost per unit = $3 ($25 x 12%)

Contribution margin per unit = $22 ($25 - $3)

Break-even point in units = Fixed Costs/Contribution margin per unit

= 18,182 units ($400,000/$22)

Thus, at the current level of operating leverage, the small manufacturing business needs to sell <u>18,182 units</u> of widgets to break even.

Learn more about break-even analysis at brainly.com/question/21137380

#SPJ1

4 0
2 years ago
Which of the following terms refers to a promise made to lenders by a borrower?
Natali5045456 [20]

Answer:

Covenant.

Explanation:

A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

4 0
3 years ago
Other questions:
  • An economist left her $100,000-a-year teaching position to work full-time in her own consulting business. In the first year, she
    7·1 answer
  • n an open economy, why is the supply curve for dollars in the foreign-currency exchange market vertical?
    14·1 answer
  • Which term describes the group of people elected to run a corporation?
    8·1 answer
  • The controller for Clint Eastwood Co. is attempting to determine the amount of cash to be reported on its December 31, 2017 bala
    8·1 answer
  • If we are told specifically to pay attention to a particular element of a decision or event, we are likely to miss all of the su
    7·1 answer
  • Can someone help me please? I attached the question and table. THANKS!!
    13·2 answers
  • The following production data were taken from the records of the Finishing Department for July:Inventory in process, June 1, 30%
    5·1 answer
  • Dominic is going to invest in an account paying an interest rate of 4.6% compounded continuously. How much would Dominic need to
    12·2 answers
  • In 2020, Miranda records net earnings from self-employment of $158,500. She has no other gross income. Determine the amount of M
    13·1 answer
  • An economic system based on freedom of choice and privately owned factors of production is.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!