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sveta [45]
3 years ago
12

Which particular demographic do you think has the most effect on consumer purchasing decisions? Explain.

Business
1 answer:
Korvikt [17]3 years ago
3 0

Answer:

Concept: Business Analysis

  1. Demographics dont affect consumer purchasing decisions. Companies will market specifically to certain demographics sometimes, but its the strategies that the company employs that affect consumer purchasing decisions
  2. Geographics affects consumer purchasing decisions because based on where you live you will need certain things that people who live in other places might not need. For example, if you live in new york city, marketers probably will not target you as much to purchase their four wheeler as they would someone who lives in the country.
  • Differentiated marketing when employed for different cultures and ethnicities becomes very difficult because many cultures are complex and have their own diversity. For example, when marketing to asians, marketers must take into account all the different cultures that come into play. The marketers must also be careful not to be offensive.
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Firms often consolidate industries through horizontal mergers and acquisitions to?
Brrunno [24]

Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.

<h3>What is market?</h3>
  • A market is a collection of systems, institutions, processes, social relationships, or infrastructures in economics that allow parties to exchange goods and services.
  • While parties may trade goods and services for money, the majority of markets rely on sellers providing their wares or services—including labor—to customers in exchange for payment.
  • A market, in this sense, is the mechanism by which the costs of goods and services are decided.
  • Markets enable distribution and allocation of resources in a community and facilitate trade.
<h3>What purpose do markets serve?</h3>
  • Markets are crucial.
  • They serve as the exchange mechanism for corporate stock and provide access to funds for firms.
  • Markets have a key role in how prices are set, how liquidity is transformed, and how businesses may meet customer wants.

Learn more about market here:

brainly.com/question/13414268

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3 0
1 year ago
McCoy’s Fish House purchases a tract of land and an existing building for $900,000. The company plans to remove the old building
kherson [118]

Answer: $962000

Explanation:

From the information given, the amount

that McCoy’s Fish House should record as the cost of the land will be:

Purchase price = $900,000

Add: Title insurance = $2000

Add: Back property tax = $8000

Add: Cost incurred to remove building = $45000

Add: Cost incurred to level the land = $10000

Less: Savage value of materials = $3000

Cost of land = $962000

Therefore, the cost of land is $962000

8 0
3 years ago
the gross sales for store B were 876500. the custmer returns and allowances were 10%. what was the dollar amount of returns and
Marina CMI [18]

Answer:

$87,650

Explanation:

The computation of the dollar amount of returns and allowances  is shown below:

= Gross sales for store B × customer returns and allowances percentage

= $876,500 × 10%

= $87,650

By multiplying the gross sales with the customer returns and allowances percentage we can get the dollar amount with respect to the returns and allowances and the same is to be considered

7 0
3 years ago
1. In what way do organization charts create a picture of an<br> organization?
Allushta [10]

Answer:

In a structural way

Explanation:

the chart is the diagram that shows how the power flows through the company as it indicates the levels of hierarchy within.

5 0
3 years ago
Turn to Part C of the Systems Analyst’s Toolkit and review the concept of net present value (NPV). Determine the NPV for the fol
Tcecarenko [31]

Answer:

$-13,975.91

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 =  $-95,000

Cash flow in year 1 =  $30,000

Cash flow each year from 2 to 5 =  $20,000

I = 12%

NPV = $-13,975.91

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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