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Sindrei [870]
3 years ago
5

Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others a

re called
Business
1 answer:
Tomtit [17]3 years ago
7 0

Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.

Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.

Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.

Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Learn more about prestige products here: brainly.com/question/6374886

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Johns Company manufactures products R, S, and T from a joint process. The following information is available: Product R S T Tota
Kryger [21]

Answer:

C) $ 80,000 $ 70,000

Explanation:

R = ($48,000/$120,000) x $200,000

=0.4×$200,000

= $80,000

S = $200,000-$50,000-$80,000

= $70,000

Therefore the sales value at split-off for products R is $80,000 and S $70,000

6 0
3 years ago
A customer makes a small order, you deliver the goods, and he pays by check. The check clears. He makes another small order, you
Andreyy89
Cheque <span>fraud I believe... </span>
3 0
3 years ago
Cash flows from investing activities include all of the following except:
astra-53 [7]

Answer:

(D) Cash proceeds from borrowing

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets. It also includes collections on loans and  Cash advance to borrowers

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

Options A, B, and C are the investing activities whereas option D is financing activities.

5 0
3 years ago
Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social
KengaRu [80]

Customer social style refers to the method customers use when interacting.

In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.

<h3>Who is a Customer ?</h3>

A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.

A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.

No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.

To learn more about Customer from the given link:

brainly.com/question/13472502

#SPJ4

8 0
2 years ago
Which of the following is NOT an advantage of human-centered design thinking?
yKpoI14uk [10]

Answer:

The correct option is;

d) It allows a single entrepreneur to bring their favorite ideas to market

Explanation:

Human-centered design is a methodology applied to the resolution of problems that are associated with product design and framework of management that makes the thinking mindset for the development of problems solution of having the human standpoint to be included in all the steps involved in solving the problem in order to ensure usefulness of the solution to the people it is meant to benefit.

6 0
3 years ago
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