Answer:
Selective distortion
Explanation:
Selective distortion is the phenomenon where people interprete information based on their previous beliefs. This occurrence makes it difficult for such people to be influenced to make a purchase through advertisements.
This challenge to marketing also applies to selective attention and selective retention.
In this instance Bob reads a circular from the Department of Human Health and Safety recommending lower salt intake to prevent health problems. Because his grandmother still adds salt and remains healthy, Bob discards this information as being untrue.
Answer:
APR 6.498%
Explanation:
We solve for rate using excel goal seek
we write on A1:
=PV(A2;60;2,250)
Now, on A2 wirite any number as a placeholder
Last we use goal seak tool to make the A1 value of 115,000 changin A2 (which is the rate)
C 2,250.00
time 60
rate 0.00541501
PV $115,000.0007
now, this rate will be monthly so we multiply by 12
0.00541501 x 12 = 0,06498012 = 6.498%
Answer:
Total cash collection= $53,000
Explanation:
Giving the following information:
Sales:
February $60,000
March $50,000.
Cash:
40% of the sales are in cash.
Credit sales:
50% in the month of sale
50% in the next month
<u>Cash receipts March:</u>
Sales in cash March= (50,000*0.4)= 20,000
Sales on account March= (50,000*0.6)*0.5= 15,000
Sales on Account February= (60,000*0.6)*0.5= 18,000
Total cash collection= $53,000
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Hary is doing this to appeal to the customers’
emotional buying motives. In product buying motives, the client is drawn towards the item because of some physical or psychological fascination of the item. The item might be shabby, alluringly composed, brilliant, strong, popular, agreeable, and so on. Hence a client is inclined to get it.