All categories

3 years ago

Why is it important for a marketer to understand how a customer makes that final purchasing decision?

1 answer:

8 0

It ensures the marketers consider the whole buying process rather than just the purchase decision. This model implies that customers go through all stages in every purchase they make.

You might be interested in

Gabriel put $6000 in a 2-year CD paying 4% interest, compounded monthly. After 2 years, he withdrew all his money. What was the

NeTakaya

First, we calculate for the effective annual interest given the interest in the scenario.
ieff = (1 + i/m)^m - 1
Substituting the values,
ieff = (1 + 0.04/12)^12 - 1 = 0.0407
The effective interest is equal to 4.07%.

The future amount after 2 years,
F = ($6000) x (1.0407)^2 = $6498.86

5 0

3 years ago

Read 2 more answers

Which of the following measures the length of time it takes to acquire, sell and replace inventory?

Kobotan [32]

Answer:

b. number of days' sales in inventory

8 0

3 years ago

Read 2 more answers

sveticcg [70]

Answer:

Nov 3

Inventory 64,000

Account Payable 64,000

Nov 4

Cash 40,080

Sales Revenue 40,080

COGS 24,580.5

Inventory 24,580.5

Nov 5

Inventory 51,620

Account Payable 51,620

Nov 6

Account Payable 13,600

Inventory 13,600

Nov 8

Account Receivable 14,830

Sales Revenue 14,830

COGS 9,240.13

Inventory 9,240.13

Nov 14

Account Payable 50,400 (64,000-13,600)

Inventory 1,008 (50,400 x 2%)

Cash 49,392(50,400-1,008)

Nov 14

Account Receivable 231,020

Sales Revenue 231,020

COGS 135,490.15

Inventory 135,490.15

nov 23

cash 14,830

account receivable 14,830

Account Payable 51,620

Inventory 1,016 (50,800 x 2%)

Cash 49,784(51,620-1,016)

nov 24

Account Receivable 53,800

Sales Revenue 53,800

COGS 37,340.28

Inventory 37,340.28

nov 28

credit card charge expense 3,690.3

cash 3,690.3

nov 28

sales return and allowance 5,610

cash 5,610

Inventory 2,990

COGS 2,990

5 0

3 years ago

Effie plans to save $100 every six months for the next 5 years. If her account earns 14 percent, compounded semi-annually, how m

lina2011 [118]

Answer:

$1,381.64

Explanation:

For this question, we determine the Future value. By applying the future value formula that is shown on the spreadsheet. Kindly find it below:

Data provided

Future value = $0

Rate of interest = 14% ÷ 2 = 7%

NPER = 5 years ××2 = 10 years

PMT = $100

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $1,381.64

6 0

2 years ago

A. drake wins $100,000 and peter wins $75,000.

emmasim [6.3K]

How about Drake just beats Peter by becoming a world-renown rapper and earning a net worth of +$60 million?

But seriously, what's the question?

3 0

2 years ago