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3 years ago

Which of the following statements about buying centers is true?

Business

1 answer:

sveta [45]3 years ago

3 0

Answer:

E) The buying center may involve informal participants who are not obvious to sellers.

Explanation:

Buying center can be regarded as a

decision-making unit that is responsible for how some members of an organization that are partaking in buying process of a particular product/services come together. They are groups of people that are involved in purchasing decisions making in an organization, and they can be regarded as professional buyers. This concept came to light by Robinson and Farris

It should be noted that buying center may involve informal participants who are not obvious to sellers.

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In Business studies. what the business owes the other is called what

goldenfox [79]

Answer:assets

Explanation:

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3 years ago

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The reason Lin has been so successful in expanding her small auto body shop into a very profitable business with three locations

stealth61 [152]

Answer:

A. Machine

Explanation:

There are various categorisations of entrepreneurs based on their characters, abilities and strategies among others. However,the founder institute developed a new categorisation for entrepreneurs by testing about 30,000 entrepreneurs including known names like Steve Jobs and Elon Musk and categorising them based on their priorities and qualities into the following: Hustler, Prodigy, Visionary, Innovator, Strategist and Machine.

Machine Category: This represents entrepreneurs who maintain a high level of focus getting things done. They simply focus on the task ahead of them and get them done. They are very concerned about efficiency and effective delivery of their tasks. Lin simply became very good at what she was doing by being dedicated to the tasks ahead of her.

Other Categories

Hustlers- they can sell anything and get into the promotion and sales of all manner of products and services

Prodigy - The excel in business with innate business instinct and sense, their strong intellects and social skills ensures their success

Visionary - Combines innovation with enthusiasm and is capable of carrying the masses along in these innovations as a result of the energy committed

Innovator- Always looking forward to improving on old ideas and find new ways of doing things. They are challenged by change

Strategist- Always looking at how to achieve long term goals, very tactical and calculating.

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3 years ago

Real Estate tax, a tax based on the value of the land and the buildings owned by its taxpayers, is a good example of _____. A. I

sesenic [268]

C is the answer property tax

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3 years ago

Gillette charges a fairly low price for their razors (relative to costs) and a high price for razor blades. they are using a s

stira [4]

A. captive-product pricing

Gillette charges a fairly low price for their razors (relative to costs) and a high price for razor blades. they are using a strategy of __________ pricing.

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3 years ago

Which of the following is a true statement about an auditor’s responsibility regarding consideration of fraud in a financial sta

Olegator [25]

Answer:

D. The auditor should assess the risks of material mis-statement due to fraud.

Explanation:

At the time of auditor visit in a company the financial statement represent that the company has done the fraud in this scenario, the auditor should analyze the material misstatement risk that is done for fraud

Therefore in the given case, the option D is correct as the auditor responsibility is that he or she should analyze the risk with respect to the false statements presented in the financial statement

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4 years ago