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finlep [7]
3 years ago
6

(1 point)

Business
1 answer:
Akimi4 [234]3 years ago
3 0

Answer:

perception............

Explanation:

........

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Considerable research has documented that in many product categories, consumers are unable to distinguish among brands when give
kirill115 [55]

Answer:

brand loyalty

Explanation:

Brand loyalty: The term "brand loyalty" is determined as the propensity of specific consumers to "continuously purchase" a particular brand's products over some other brand's products. However, a specific consumer's behavioral patterns are responsible for demonstrating that he or she will continue to purchase products from the same company that has been fostered a "trusting relationship".

In the question above, the given statement represents brand loyalty.

5 0
3 years ago
The purpose of ______ is to match supply and demand among the producers and consumers of society as a whole.
Alisiya [41]

The purpose of Microeconomics is to match supply and demand among the producers and consumers of society as a whole.

<h3>What is microeconomics?</h3>

Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services.

Examples of microeconomics include:

  • Supply
  • Demand
  • Competition
  • Prices of goods

Hence, Microeconomics aims at matching supply and demand among the producers and consumers of society as a whole.

Learn more about microeconomics here : brainly.com/question/8648375

7 0
2 years ago
Julie and anna opened their store – "hot coffee, cool clothes" – just 12 months ago. the concept was based on a store that they
kenny6666 [7]
Is this a question or a statement?

~ThePirc
6 0
3 years ago
All sales are made on credit. Based on past experience, the company estimates 1% of credit sales to be uncollectible. What adjus
fenix001 [56]

Answer:

Debit : Bad Debts account : $2000 (appearing in the income statement)

Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)

Explanation:

This is an example of provision for doubtful debts. Provision for doubtful debts is an estimated amount of bad debts from accounts receivables that has been issues but not yet collected. This is done under the accrual accounting concept where an expense is identified as soon as invoices have been issued rather than waiting long periods to find out which invoice is irrecoverable. It is typically an estimate based on past experience.

In this question, the sales value has not been provided, hence an assumption is made:

Sales : $200,000

If provision for doubtful debts is 1% of sales and all sales is on credit, then the provision for doubtful debts amount is = 1% x $200,000 = $2000

Provision for doubtful debts is an accounts receivable contra account and thus has a credit balance and is recorded in the balance sheet, listed directly under accounts receivables.

The entry is recorded as:

Debit : Bad Debts account : $2000 (appearing in the income statement)

Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)

5 0
3 years ago
One year ago, you entered into a futures contract to buy 100,000 euros at a futures contract price of $1.22, with a settlement d
Law Incorporation [45]

Answer:

Profit of $3000

Explanation:

The exchange rate of a future contract is usually fixed at the time when the contract is buy 100,000 euros at a futures contract price of $1.22.

The Value in dollars at the time is: $122,000

At the maturity spot rate of the euro is $1.25.

The value of the contract is: $125,000

The difference:

$125,000-122,000

=$3000.

Since the maturity spot rate is higher, there is a profit of $3000 from speculating with the futures contract.

8 0
3 years ago
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