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The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experience

ludmilkaskok [199]

The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as Consumer Behavior.

<h3><u>Explanation</u>:</h3>

The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.

It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.

6 0

4 years ago

Which of the following sequences accurately describes the order of the stages of team development?A. introduction, growth, settl

Irina-Kira [14]

Answer:

C. forming, storming, norming, performing, and adjourning

Explanation:

Forming stage covers period of orientation.

storming involves the most difficult stage in which individual ambition comes to the fore.

norming : sense of cohesion and unity emerge

performing : team focuses on performance.

adjourning : It involves documentation of operation.

3 0

3 years ago

What would 30 minutes before 8:40 be

viktelen [127]

<u>Answer:</u> 8:10

<u>Reasoning:</u> 8:40 - 0:30

6 0

3 years ago

Which of the following is not a tool of Monetary Policy?

abruzzese [7]

Answer:

D. Changes in federal expenditures

6 0

3 years ago

Once Miracle learned of the competing printer and adjusted the expected future cash flows from its original patent, was this as

Darya [45]

Answer:

(a) Entry for purchase of patent :

Patent a/c debit $600,000.

To Cash / Bank A/c. $600,000.

(b) Amortisation : (legal protection for 20 years) >> 600,000/20 = 30,000 per annum

Amortisation expenses -Patents $30,000

To Patents account $30,000

(c) Impairment Loss on Patents ac. debit 270,000 (see calculations below)

To Patents account 270,000

(Value of patents at end of 4 years = 600000-120000=480,000)

Expected future value = 210,000

Impairment = 480,000-210,000=270,000

7 0

4 years ago