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VARVARA [1.3K]
3 years ago
11

Which type of decision maker tends to choose the first available option in haste

Business
1 answer:
Anit [1.1K]3 years ago
3 0
The Gut follower or the random chance submitter
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PLZ HELP. Classify the customer buying motive as rational or emotional.
Lina20 [59]

Answer:

rational

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.

This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.

In Economics, buying motives are classified into five (5) main categories and these include;

I. Acquired and Inherent buying motives.

II. Conscious and Dormant buying motives.

III. Physical, Psychological and Sociological buying motives.

IV. Primary and Selective buying motives.

V. Rational and Emotional buying motives.

A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.

In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.

6 0
3 years ago
Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
____ [38]

Answer:

Predetermined manufacturing overhead rate= $17,115.80

Explanation:

Giving the following information:

Overhead Total Direct Labor Hours DLH per Product A B

Painting Dept. $241,200 11,300 2 11

Finishing Dept. 60,900 11,800 3 3

Totals $302,100 23,100 5 14

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total direct labor hours= 5 + 14= 19

Total overhead= 302,100 + 23,100= $325,200

Predetermined manufacturing overhead rate= 325,200/19

Predetermined manufacturing overhead rate= $17,115.80

5 0
3 years ago
Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? joint life adjustable
slavikrds [6]
I believe the answer is: Variable Universal Life
Variable Universal Life is considered as a long-term policy because the clause could only be activated if the policy holder is deceased.
This type of insurance usually would separate the death policies account with the investment account in order to offer more flexibility for the holder.
6 0
3 years ago
Bryan searched for a new bank prior to filling out his direct deposit form at his new employer. He noted that 2-4-7 Bank offered
VikaD [51]

Answer:

2-4-7 has low operating costs

Explanation:

The 2-4-7 bank must be an online bank only. Online-only banks provide banking services, just like traditional banks. However, they offer higher interest rates to their customers as compared to traditional banks.

Online-only banks do not require branches to serve customers; neither do they do not need to hire a large number of employees. Their transactions are done via the internet. An online-only bank, therefore, has low operating costs as it does not pay rent for several branches and has a lean staff. Online banks pass the benefits of low operating costs to customers in the form of higher interest rates.

Online-only banking is a new concept in the banking industry. Online banks are using high interest rates to popularize the concept and attract customers.

4 0
4 years ago
Select the correct answer. Which of these is not considered for deduction of federal income tax? A. interest earned from state b
tankabanditka [31]

Answer:

The correct answer is (a)

Explanation:

According to the federal laws earnings from awards or prizes, earning from commission and income form bonus or tips are not exempted from the federal income tax. Likewise, interest earned from state bonds is exempted from federal income tax. IRS the internal revenue service interest in government or federal obligations are not considered for deduction of federal income tax.

6 0
3 years ago
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