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3 years ago

What are the three phases in purchasing process

Business

1 answer:

Lerok [7]3 years ago

5 0

Answer:

It is the journey or buying process that consumers go through to become aware of, evaluate, and purchase a new product or service, and it consists of three stages that make up the inbound marketing framework: awareness, consideration, and decision.

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Discuss the role of the factor market in the circular flow

Mrac [35]

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8 0

2 years ago

Cool Cars Location (Scenario) An automobile producer from Southern Italy, Cool Cars, has developed plans to expand international

S_A_V [24]

Answer:

D. Land and construction costs are comparatively less expensive in Russia than in Canada

Explanation:

Option D would favor Russia ahead of Canada because of the fact that manufacturing costs are cheaper and they have easier access to Capital. I came to this conclusion since it has been stated that land and construction costs are cheaper in Russia.

In Economics the goal of every firm is to minimize cost and to maximize profit. Option D is cost minimizing for cool cars if they want to duplicate their overall success.

8 0

3 years ago

Which of the following is most likely to be considered a profit center?

likoan [24]

Answer:

A. The grocery department of a Walmart Supercenter or Target Superstore

Explanation:

A profit center is a type of business where the business is expected to make into valuable contributions, a profit center can be treated as a separate business of the company.

The profits and losses for that center are calculated separately. Examples of profit centers include the store, sales organization, or consulting organization.

3 0

3 years ago

Which one of the following is not an assumption of the EOQ model? Decisions for one item can be made independently of decisions

irga5000 [103]

Answer:

Quantity discounts can be taken advantage of for large lot sizes.

Explanation:

The EOQ model assumptions:

the order of one item does not intervene with the other.

The order will arrive without delay and with a specific amount of goods.

no losses or damage in transit

The EOQ does not consider the discount for large lot size, their formula does not consider the value of the goods:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

Its use: Demand of the good

cost of Setup, or ordering cost.

and Holding cost, the cost of keeping the inventory

There is no variable to account for discounts for order size in this method

7 0

3 years ago

Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou

Thepotemich [5.8K]

Answer:

C. $ 344,000

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

which equals to

Total assets = $1,570,000 + $2,382,000

= $3,952,000

And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

7 0

3 years ago