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solniwko [45]
3 years ago
13

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.

You might be interested in
If a cable news channel decides to report on a senator's financial indiscretions rather than report on a piece of congressional
bagirrra123 [75]

Answer:

e. Agenda Setting

Explanation:

Agenda setting refers to a practice adopted by news channels to place higher emphasis on a news, and making it appear important by consistently and repetitively covering such news.

Such a practice influences an individual's thoughts not with what he/she thinks, but what he/she should think about and consider important.

Through such a practice, the news channels underline the extent to which an issue is important i.e assign significance and importance to an issue by affecting the perceptive mindset of the viewer.

So if a political issue gets covered and getting telecast too frequently, it affects the viewers interpretation regarding the sensitivity or significance of the issue.

Many a times, through agenda setting, the media indirectly feeds it's own biased views in the thought process of the viewers. So rather than making the viewer think on his own and assign weight-age, the media itself assigns importance to an issue.

In the given case, the cable news channel preferred the topic of senator's financial indiscretion over a congressional legislation which wasn't passed. So the channel emphasized upon one issue which as per it was more important than the other and thus follows agenda setting.

6 0
3 years ago
thomas jefferson's decision to initiate the louisiana purchase in 1803 was an early example of the exercising of presidential po
Naya [18.7K]

Thomas Jefferson's decision to initiate the Louisiana Purchase in 1803 was an early example of the exercising of an inherent type of presidential power.

Inherent powers are the powers held by a sovereign state that is a nation or a state free from interference in it's political, financial and other aspects from foreign elements. In the United States of America, the President derives these powers from the words "the executive powers shall be vested in the President".

Hence, the President has the supreme power to determine how vehemently a law can be enforced, whether it is maximizing or minimizing it's results, it rests completely with the President.

Learn more about Louisiana Purchase here  brainly.com/question/28260361

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7 0
1 year ago
Rosalinda got a payday loan for $2000, due in 2 weeks, and she paid a $150
maxonik [38]

Rosalinda's annual percentage rate (APR) on the loan is <u>195%</u>.

<h3>What is the annual percentage rate?</h3>

The annual percentage rate represents the finance fee and interest paid for borrowing.

The annual percentage rate (APR) for a period of 1 year an be computed by the following simple interest formula:

(Interest + Fee ÷ Principal) ÷ Period

We can multiply the result above by 100 to express it as a percentage.

Assuming that the periodic interest rate is known, we multiply the number of periods in the year to compute the annual percentage rate.

Principal = $2,000

Fee on the loan = $150

Period of loan = 2 weeks

52 weeks = 1 year

Annual percentage rate = 195% ($150/$2,000 x 100 x 52/2)

<u>Check</u>:

APR in dollars = $150 ($2,000 x 195% x 2/52)

Thus, for borrowing $2,000 in two weeks and paying $150 as fee, Rosalinda's loan attracts 195% APR.

Learn more about the annual percentage rate at brainly.com/question/24715857

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5 0
1 year ago
On july 1, shady creek resort borrowed $330,000 cash by signing a 10-year, 9% installment note requiring equal payments each jun
Alina [70]

The journal entry to record the first annual payment fot the loan to Shady Creek Resort is:

Date                      Account title                                  Debit          Credit

June, 30               Interest expense                        $27,000

                             Notes payable                             $24,421

                            Cash                                                               $51,421

<h3>How is the first annual payment recorded?</h3>

The interest expense is:

= 330,000 x 9%

= $27,000

Notes payable is:

= 51,421 - 27,000

= $24,421

Find out more on recording bond payments at brainly.com/question/16048929

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4 0
2 years ago
A product has a demand of 4000 units per year. Ordering cost is $20 per order, and holding cost is $4 per unit per year. The EOQ
MrRissso [65]

Answer:

the Annual inventory cost is $800.

Explanation:

The computation of the total annual inventory cost is given below:

Demand, D = 4000

Order cost, S = $ 20

Holding cost, H = $ 4

So,

EOQ = sqrt(2 ×D × S ÷ H)

= sqrt(2 × 4000 × 20 ÷  4)

= 200

Now

Annual inventory cost = Annual setup cost + Annual holding cost  

= (D ÷ Q × S) + (Q ÷ 2 × H)

= (4000 ÷ 200 × 20) + (200 ÷ 2 × 4)

= 400 + 400

= $800

hence, the Annual inventory cost is $800.

4 0
3 years ago
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