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vichka [17]
3 years ago
6

PLZ HELP. Classify the customer buying motive as rational or emotional.

Business
1 answer:
Lina20 [59]3 years ago
6 0

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.

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Victor applied for the position of a field service technician at an electronics manufacturing company where he was assessed for
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Answer:

A specific ability test.

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An employee comes to work on time every day only because he knows that his pay will be docked if he is caught coming in late. Ho
Maru [420]

Answer:

The answer is: Postconventional moral development

Explanation:

At this stage of moral development, an individual´s morality is defined by more abstract principles and values. He or she may believe that some laws and rules are unfair and should be changed or eliminated. Individual realize that they are separate entities from societies and they may choose to not follow the rules of the organization.

7 0
3 years ago
Which of the following are reported on the income statement as part of cost of goods? a.administrative expenses b.operating expe
kenny6666 [7]

Answer:

Cost of goods manufactured

Explanation:

Cost of goods manufactured are reported on the face of income statement because it's a critical factor in arriving at the profit or loss position at the end of a period. Cost of goods manufactured takes cognizance of the material costs, labour and overhead costs involved in production. This determines the overall financial status of a company, and allow a decision maker to know if the business is doing good or not.

4 0
3 years ago
Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a
statuscvo [17]

Answer: (a) CM ratio = 40, break even point in balls = 21,000 balls (b ) degree of operating leverage = 3

Explanation:

(a) To calculate the CM ratio , we use the formula

Selling price - variable expenses / selling price

Selling price = $25, variable expenses = $15

= (25 - 15 )/ 25

= 10 / 25

= 0.4 × 100

= 40

To calculate the break -even points in balls, we use the formula

Break even point = fixed cost / contribution per unit

Fixed cost = $210,000, Contribution per unit = (25 -15) = 10

210,000 / 10

= 21,000 balls

(b) To calculate the degree of operating leverage last year, we use the formula

Contribution margin / net income

Contribution margin =$300,000, net income = 90,000

= 300,000 / 90,000

= 3.33

= 3

6 0
3 years ago
Barriers to trade:
dmitriy555 [2]

Answer:

B. Cost consumers billions of dollars per year.

Explanation:

Cost consumer billion per each year of trading stands as the main barrier to trading, and in this form, affects trading, not in one country but the whole system at large.

Trade is explained to concerned with facilitating the exchange of goods and services in the economy. Many think that trade and commerce are the same terms and can be used interchangeably. But the fact is both the terms are different from each other and carry different meanings. Trade simply means buying and selling of goods and services in return for money or money’s worth.

Scope of commerce is wider than that of trade, which not only refers to the exchange of goods and services but also includes all those activities that are vital for the completion of that exchange.

6 0
3 years ago
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