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tatuchka [14]
3 years ago
10

. Submit the names and phone numbers of the two people you spoke with. The people you speak with cannot be class members. a. Per

son 1: b. Person 2: 2. Ask your consumers what comes to mind and discuss the types of memories/images that are evoked. 3. Explain how these associations might be employed in the product’s promotional strategy. 4. Discuss the effect of perception on consumer purchasing behavior.
Business
1 answer:
podryga [215]3 years ago
4 0

Answer:

Answer is explained in the explanation section below.

Explanation:

Person 1:

Name: John Smith,

Phone Number: 00(008)11113333

These are hypothetical numbers and names of the persons.

I've shown that person different photos of Nike's product – Shoes. The person knows several things from the images I've shown him, which are as follows:

Nike has developed shoes that can assist people in a variety of demanding roles, as our personality and behaviors are in many ways influenced by our feet. As a result, shoes play a diverse role in people's lives, and they should not be avoided.

Nike is promoting their brand value by offering shoes that are suitable for an athlete's game and lifestyle.

Nike also promotes a variety of athletes and sportspeople for marketing purposes.

Person 2:

Name: Lilly Wood,

Phone Number: 00(008)1915778

I've seen a variety of images of products synonymous with – Dresses such as Shirts, T-Shirts, Trousers, and Winter Coats, all of which are sold by the company H&M.

The individual can comprehend a variety of items that have been demonstrated to him, including the following:

H&M has a variety of items in the Apparel and Clothing sector that are highly recommended for lifestyle and everyday use.

People enjoy shopping at their store or outlets because they can find a wide variety of styles and collections with a distinct trendy approach.

These connections may be used in a product's advertising campaign, as seen below:

A brand or organization may conduct a survey to obtain feedback from consumers about how their goods are used and how well they are tailored to their needs.

Knowing both of these issues helps them to customize choices and meet consumer needs; however, businesses should appreciate differentiation strategy and create their own; they should also consider how consumers react to such strategies and what kind of customization or improvements can be made in the future.

Pricing plays an important role here; advertising strategies are influenced by pricing and people's purchasing power. A niche market approach may be used by a brand or business to analyze and consider the condition of consumers, and then set the best pricing, which will have a positive effect on revenue generation.

Perception's Influence on Consumer Buying Behavior:

Consumers' purchasing behavior is affected by perceptions of brand image and value such as product quality, whether such products have fulfilled customers' choices or not. Perception can be improved in many ways, for example, by fulfilling quality and fitting requirements, working on customization, and building more confidence in customers' minds.

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During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscove
elena-s [515]

Answer:

Net Income understated by $20,000

Explanation:

In the first year, closing inventory was overstated by $80,000. The implications of the above would be,

Net Income for the first year would be overstated by $80,000

In the Second year,

Opening Stock would be overstated by $80,000

Due to this, cost of production stands overstated by $80,000.

Now, given in the question that closing stock for second year is overstated by $60,000 i.e profits are overstated by $60,000.

This means, the net effect on profits would be, $80,000 less $60,000 i.e $20,000 understated profits for the second year.  

4 0
3 years ago
Refer to Exhibit 9.3, which shows the cost and revenue curves for a non-discriminating monopolist. The total cost incurred by th
Gnom [1K]

Answer: $19,800

Explanation;

The Monopolist will maximize output at the point where Marginal Revenue equals Marginal Cost because at this point all resources are being fully utilized.

Total Cost = Average Total Cost * Quantity produced

At the point where MR=MC, the quantity produced is 1,100 units.

The Average Total Cost tallying with this is $18 per unit.

Total Cost = 18 * 1,100

= $19,800

3 0
4 years ago
The straight-line depreciation method and the double-declining-balance depreciation method: Multiple Choice Are acceptable for t
fiasKO [112]

Answer:

The straight-line depreciation method and the double-declining-balance depreciation method:

Produce the same total depreciation over an asset's useful life.

Explanation:

The straight-line and the double-declining-balance depreciation methods are two of the four depreciation methods allowed by US generally accepted accounting principles (GAAP).  The other two methods are sum of the years' digit and units of production.  The straight-line method is calculated by subtracting the salvage value from the asset's cost and either dividing the depreciable amount by the number of years or applying a fixed rate on the depreciable amount.  For the double-declining-balance method, 100% is divided by the number of years of the asset's useful life and then multiplying by 2 to obtain the depreciation rate.  Depreciation expense is then calculated on the declining balance until the salvage value is left.  This is why they produce the same depreciation over the asset's useful life.

3 0
3 years ago
if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nea
tiny-mole [99]

The return to equity is $75000

Another form of financial ratio is the return on equity. Financial ratios are data taken from a firm's financial statements and used to predict and draw specific conclusions about the organization.

Relative return on equity is a tool used to forecast a company's profitability. It evaluates how effectively people employed in any business have used the money that has been invested.

Since the farm has Nfio of $100,000 and an opportunity cost total of $25,000.

Therefore,

Return on equity -

Net Farm Income from Operations - Opportunity cost

= 1,00,000 - 25,000

= 75,000

Read more about a return to equity on:

brainly.com/question/28500740

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7 0
1 year ago
For a risk-free return rate of 5%, a market risk premium of 6%, what is the required rate of return for a security with a beta c
adoni [48]

Answer:

14%

Explanation:

required rate of return = risk free rate of return + ( risk premium x beta)

5% + 1.5 x 6% = 14%

3 0
3 years ago
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