All categories

2 years ago

What are the six stages of the product adoption process

Business

1 answer:

IrinaK [193]2 years ago

6 0

Answer:

the six stages of the product adoption process are :

1. Awareness.

2. Interest.

3. Evaluation.

4. Adoption

5. Confirmation

6. trial

You might be interested in

Apr. 2 Purchased $6,900 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shippin

ziro4ka [17]

Answer:

Apr. 2

Merchandise $6,900 (debit)

Accounts Payable : Lyon Company $6,900 (credit)

Purchased Merchandise from Lyon Company on credit

April 3.

Accounts Payable : Lyon Company $390 (debit)

Cash $390 (credit)

Payment of Freight Charges Include in Invoice (FOB)

April 4.

Accounts Payable : Lyon Company $500 (debit)

Merchandise $500 (credit)

Returned Merchandise to Lyon Company

April 17.

Accounts Payable : Lyon Company $6,010 (debit)

Discount Received $120 (credit)

Cash $5,890 (credit)

Payment of amount due to Lyon Company and discount received

April 18.

Merchandise $13,100 (debit)

Accounts Payable: Frist Corp $13,100 (credit)

Purchased Merchandise on credit from Frist Corp

April 2.

Accounts Payable: Frist Corp $400 (debit)

Purchase allowance $400 (credit)

Received and allowance from Frist Corp

April 28.

Accounts Payable: Frist Corp $12,700 (debit)

Discount Received $127 (credit)

Cash $12,573 (credit)

Payment of amount due to Frist Corp and discount received

Explanation:

See the journals and their narrations prepared above.

7 0

2 years ago

If the present value of $280 paid one year from now is $250 what is the one-year discount factor?

OleMash [197]

Answer:

12%

Explanation:

The discount rate will be PV/FV -1

i.e., i = (Fv/pv )-1

i= (280/250) - 1

i = 1.12-1

i=12%

7 0

2 years ago

Read 2 more answers

30 POINTS! PLEASE HELP ME. CAREER RESEARCH! JUST FILL IT IN.

horsena [70]

Answer:

Please find below the links of each site and its description

Occupational outlook handbook outlook Option B

Indeed.com Option D

Fun works Option F

College Scorecard Option E

CareerOne Stop Option C

National Career fairs Option A

LinkedIn Option G

8 0

3 years ago

As product adopters in the diffusion of innovation, members of the early majority Group of answer choices

Luden [163]

Answer:

The correct answer is letter "B": are deliberate and use many informal social contacts.

Explanation:

Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:

Innovators: venturesome, higher educated, use multiple information sources.
Early adopters: leaders in a social setting, slightly above average education.
Early majority: deliberate, many informal social contacts.
Late majority: skeptical, below-average social status.
Laggards: fear of debt neighbors and friends are information sources.

7 0

3 years ago

consumption vs. saving. Do you think these preferences are more influenced by advertisements for products that are consumable to

Sergio039 [100]

Answer:

Consumption is influenced by advertisements for products that are consumable today and savings from ads that advocate in investing tomorrow.

Explanation:

Both are important to run the circular flow of economy. If a person invests savings on a product, so there should be someone to consume it, this will help in achieving equilibrium point between aggregate demand and aggregate supply.

Increase in one shall result in decrease in other and in both cases either there will be more products to be consumed rather than the actual consumption resulting in surplus if there is excess saving or vice versa .

7 0

3 years ago