Answer:
TRIAL
Explanation:
The adoption process for a new product is the mental process through which an individual passes from first learning about an innovation to final adoption.
Consumers go through 5 stages in the process of adopting a new product. These are: product awareness, product interest, product evaluation, product trial, and product adoption.
During the product trial, consumer tries the new product on a small scale to improve his or her estimate of its value.
If the consumer is satisfied with the product, he or she enters the adoption stage, deciding to use the new product fully and regularly.
Therefore, the stage of the consumer adoption process Siobhan's case (decision to use her roommate's free guest passes to try out the new health club to see if it meets her needs) represents is TRIAL.
The forecasted ADR in 2012 based on the exponential smoothing model is 70.27$ among the group of choices.
<h3>The purpose of forecasting</h3>
Businesses can improve their adjustments if they have knowledge of both current data and predictions for the future. Forecasts assist firms in modifying their existing operations and streamlining their plans to change prospective outcomes.
<h3>What is the forecasting procedure?</h3>
Making predictions based on historical and current data is the process of forecasting. Later, these might be contrasted (resolved) with what transpires. An organization can, for instance, forecast its revenue for the following year and then contrast that projection with the actual outcomes. Similar but more generic is the phrase "prediction."
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Answer:
D ; increase growth
Explanation:
The discount rate is one of the tools that the Federal Reserve uses to direct monetary policy. Banks are subject to minimum reserves requirements. If a bank falls below this minimum, it can borrow from the banks with a surplus, or borrow from the federal reserve. If it borrows from the Fed, the interest rate that applies is the discount rate. The discount rate is always higher than the fed fund rate; hence, banks use it as a last resort.
The discount rate and the fed rate have similar effects on the economy. The Fed uses the discount rate to regulate the money supply in the country. When the growth in slow, the fed will reduce the discount rate. A low discount rate means the cost of borrowing money goes down. The impact is that individuals and businesses will afford to borrow money for consumption and investment.
Increased levels of investments and consumption will mean a higher GDP, which is growth.
Fluctuations in food and energy prices can be transitory.
<h3>What is
food and energy?</h3>
Animals, including humans, derive chemical energy from their food to support their metabolism, including their muscular activity. This chemical energy is known as "food energy."
Aerobic respiration, which involves mixing carbs, lipids, and proteins with oxygen from the air or water, is the primary source of energy for most creatures.
Alcohol consumption, polyols, and other minor dietary components like organic acids could further add to the body's energy requirements. Water, minerals, vitamins, cholesterol, and fiber are a few food items that may still be important for survival and health even though they don't supply much or any food energy. Anaerobic respiration, which doesn't need oxygen to work, is a technique used by some organisms to obtain energy from food.
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Answer:
<h2>The answer in this case would be option d) given in the answer choices or It describes all the positive features of your product.</h2>
Explanation:
- Under Consumer Value Proposition(CVP),one of the features of product or service selling constitutes an all benefit approach which involves providing concerned product or service to the customers or buyers without any comparison with other competitors or rivals in the market.
- In this case, as Christine provides a comprehensive demonstration of her product usage or utilization to the customers or buyers,it basically reflects providence of relevant product knowledge or information about the product features and characteristics without any direct consideration or reference to the market competitors or rivals.
- It is one of the common mechanisms under CVP to generate consumer attraction towards any particular product and thereby, enhance sales revenue and future profitability by increasing product sales
