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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.

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Suppose that we want to evaluate the effect of several variables onannual saving and that we have a panel data set on individual
kkurt [141]

Answer:

Following are the responses to the given question:

Explanation:

Note that others will therefore increase his age by two percent from 2009 to 1992.

\Delta age_{i}=2  \ \ \  where \ \ i =1,2,....,n

And if the trend is running:

 \Delta saving_{i}=\beta _{0}+\beta _{1}\Delta age_{i}+...+u_{i}

We're breaking MLR.3 as \Delta agei it's the same for all -> No different from a permanent designer cannot immediately distinguish the influence of age from the aggregate time effect because age changes per person by the same amount.

6 0
3 years ago
Payback is considered an unsophisticated capital budgeting because it ________. gives explicit consideration to the timing of ca
Zepler [3.9K]

The answer to the question is (D) it does not explicitly consider the time value of money.

Payback means the amount of money a company will receive after a project has been completed over a certain amount of time. Its disadvantage lies in the fact that cash flows received during the early years of a project gets a higher weight than cash flows received in later years.

5 0
4 years ago
Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for Oc
aleksandr82 [10.1K]

Answer:

a) <u>Direct labor rate variance </u>

=5000*(22.75-24)

=-$6250 Favorable

<u>Direct labor time variance</u>

=24*(5000-800*6)

=$4800    Unfavorable

<u>Total Direct labor cost variance</u>

=(5000*22.75)-(800*6*24)

=-$1450 Favorable

b) Direct labor debited to Work in process  

=800*6*24

=115200

6 0
4 years ago
Read 2 more answers
Elegant Limited sells restored classic cars. Most of its customers are private buyers who buy cars for themselves. However, some
n200080 [17]

Answer:

Elegant Limited

Depiction of the Association and Cardinality for the sales of cars:

1. Association: At Elegant Limited, for a car to be sold, a relationship must be established between Elegant Limited and some of its customers (private buyers and investors).  A sale of car involve the exchange of economic resources.  While Elegant Limited exchanges the cars for cash receipts, the customers exchange their cash for cars.  Two economic resources are involved in the sale of cars, which are exchanged between two economic agents (Elegant Limited and customers) in a business event.

2. Cardinality: In each of the economic events involving the sale of cars to customers and the receipt of cash from customers, two elements are involved, which are the exchanges of resources.  Cars and Cash are the elements that show their cardinality in the economic event.   These elements are known as economic resources.

Explanation:

a) The REA Model is a tool for modelling business processes.  In the sales process, one event would be the “sales of cars,” occasioning the giving of cars for “cash receipt,” the other event.  These two events are linked as a cash receipt occurs in exchange for a sale, and vice versa.  The REA Model was originally proposed in 1982 by William E. McCarthy as a generalized accounting model, and contained the concepts of resources, events and agents, according to wikipedia.com.

b) Association refers to the relationship existing when an event takes place.  At least, two persons are impacted by any event, the giver and the receiver.  For an economic event involving the exchange of resources to happen, two economic agents are involved.  Otherwise, no transaction can take place.  The seller of cars (Elegant Limited) and the buyers (Customers both private and investors).

c) Cardinality refers to the elements that make up an economic event, for example.  The sale of cars and receipt of cash are economic events happening in a business relationship between Elegant Limited and Customers.  The elements that make up the events are the resources (cars and cash), which are exchanged.

7 0
4 years ago
Walter’s dividend is expected to grow at a constant growth rate of 6.50% per year. What do you expect to happen to Walter’s expe
denpristay [2]

Answer:

A. It will stay the same.

Explanation:

The formula to compute the dividend yield is shown below:

= (Annual dividend ÷ market price) × 100

Since in the question, it is given that the expected dividend is growing at the constant growth rate i.e 6.50%, so the expected dividend yield will remain the same in the future.  

As it shows a direct relationship between the growth rate and the dividend yield plus the market price is growing at a steady rate

3 0
3 years ago
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