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Keith_Richards [23]
2 years ago
6

Christina buys groceries every month from Target and rarely does much research on the products she buys. What is the marketing t

erm for this type of consumer behavior
Business
1 answer:
Neporo4naja [7]2 years ago
5 0

People do have preference. Routine response behavior is the marketing term for this type of consumer behavior.

<h3>What is consumer behavior?</h3>

Consumer behavior is known to be the study of how people, customers, groups, etc., often select, buy, or use goods, and services to answer to their needs and wants.

Routine Response is also known as Programmed Behavior. Here one is buying low cost items and as such one do not need much search and decision effort.

Learn more about  consumer behavior from

brainly.com/question/1364759

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Sam has recently found out that prices from his manufacturer will be increasing the variable cost by $40 when it used to only be
kvasek [131]

Answer:

New units sale= 2,063 units

Explanation:

Giving the following information:

Sam has recently found out that prices from his manufacturer will be increasing the variable cost by $40 when it used to only be $80. Sam wants to determine if he can keep the selling price the same for customers by decreasing his fixed costs by $15,000. Currently, Sam’s sales are $300,000 at $200 per unit, and his fixed costs are $95,000.

First, we need to calculate the current profit:

Sales in units= 1,500

Contribution margin= (200 - 80)*1,500= 180,000

Fixed costs= 95,000 (-)

Profit= 85,000

To calculate the units required to adapt to the new changes using the following formula:

Break-even point= (fixed costs + profit)/ contribution margin

Break-even point= (80,000 + 85,000)/ (200 - 120)

Break-even point= 2,063 units

7 0
3 years ago
SNC is considering evaluating the payment profile of its customer base, especially focusing on customers who are chronically del
worty [1.4K]

Answer:

I would decline the proposal to drop Super Sports Centers.

Explanation:

In order to be able to accept or decline dropping SSC as a customer we must first calculate the cost of being paid after 200 days.

If you analyze it from an accounting point of view, dropping SSC will decrease your operating profits by $130,000 and that might result in your firm not being able to make a profit anymore.

In my opinion, the cost analysis is not complete because in order to calculate EBIT your are simply subtracting COGS from revenue (which is correct but incomplete). When you make important business decisions, you must determine which is the least of evils. Is reducing your DSO so important that you will risk going bankrupt? How much does financing SSC costs? Since SCC takes so long to pay, you should probably record the present value of the sale (similar to a non-interest bearing note).

You must also remember that if your total sales decrease by 20%, your COGS will increase since fixed costs per unit will increase. Probably the best way to understand this is to analyze the situation like a special order sale. SNC should probably calculate their manufacturing (or retailing) costs without SSC and that way they will be able to determine the real advantage or disadvantage of having SSC as a client.

4 0
3 years ago
Johnson Goods, a U.S. company is exporting to Watanabe Trading, a Japanese importer. The two parties agree on a draft, but Johns
nasty-shy [4]

Answer: Slight Draft

Explanation:

Johnson Goods is asking for a SLIGHT DRAFT which is a bill of exchange whereby the exporter holds the rights of the goods being exported until the importer receives it after which the importer then signs for the good and only then pays for it.

3 0
3 years ago
What is market price?
Mashutka [201]
The market price is the current price at which an asset or service can be bought or sold. The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price.

The answer would be C
3 0
2 years ago
An institutional review board (IRB) helps to ensure the safety of subjects of review. Who typically sits on such a board?
kipiarov [429]

Answer:

The answer to your question is A. Academic scholars

Explanation:

Institutional review boards are most often found at research universities. These boards have the ability to stop a research project if they have concerns about the safety of the subjects.

7 0
2 years ago
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