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kumpel [21]
4 years ago
14

How does the buying decision process differ when consumers are shopping on the Internet or mobile device compared with shopping

in a store in terms of locations or sites visited, time spent, and brands examined?
Business
1 answer:
LuckyWell [14K]4 years ago
4 0

Explanation:

The purchase decision process on the Internet or on mobile devices compared to purchases in a physical store, differ according to the characteristics of each of the shopping environments.

According to Kotler and Keller, the consumer purchase decision process goes through 5 stages:

  1. problem or need recognition,
  2. information search,
  3. evaluation of alternatives,
  4. purchase,
  5. post-purchase behavior.

Therefore the consumer will determine which are the essential attributes when making a purchase and which ones will bring the greatest benefits.

Currently the online shopping market has grown substantially, since most individuals have access to the internet, which makes companies look for a greater online presence, which guarantees the possibility of also offering consumers greater benefits, such as greater discounts and promotions. , since, there is a reduction in systemic and physical costs when the company sells over the internet.

Therefore, online stores compared to physical stores are more likely to offer purchase and post-purchase benefits, in addition to a greater variety of products and brands available, increasing consumer choice.

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In each of the following examples, identify whether the individual is experiencing cyclical unemployment, frictional unemploymen
DanielleElmas [232]

Answer:

a. Eduardo has recently moved to a new city with his wife who was offered a great job there. He is trying to find a position in the same industry he worked in before relocating. Voluntary Unemployment

b. Derek worked for a large telecommunications firm that went bankrupt last year due to a recent recession. He has since tried to find work with one of the firm's competitors, but good jobs are currently hard to come by.

Cyclical Unemployment.

c. Drew lost his job at a car manufacturer last year. He spent 6 months applying for every job possible before giving up 2 months ago. He now spends his day playing Xbox.

Voluntary Unemployment

d. Paula has 20 years of experience in manufacturing. Her employer, and many other manufacturing firms, recently closed their U.S. plants. She would like to find a similar job but is unable to find anything that utilizes her skills.

Structural Unemployment

e.Katherine works part-time at a small retail store. She would like to work full-time, but her employer is currently unable to extend her hours.

No Unemployment.

f. Tyrell just graduated from college with a business degree. He is currently looking for a job in banking in the major city he just moved to.

No Unemployment

g. Mike is a contractor who has been unable to find work, since most businesses are delaying or canceling their construction plans due to economic uncertainty in the coming year.

Structural Unemployment

h. Meg used to own and run her own bookstore. Her sales declined due to competition from online retailers. She has not been able to find any work related to her skills in the diminishing retail industry for books.

Structural Unemployment

Cheers!

6 0
4 years ago
Kent Manufacturing produces a product that sells for $64.00 and has variable costs of $35.00 per unit. Fixed costs are $348,000.
DedPeter [7]

Answer:

The contribution margin per unit is $33.50

Explanation:

The contribution margin per unit in the case when the machine is purchased is shown below:

= Selling price per unit - variable cost per unit

= $64 - ($35 - $4.50)

= $64 - $30.50

=  $33.50

hence, the contribution margin per unit is $33.50 and the same is to be considered

We simply applied the above formula

7 0
3 years ago
Which field deals with behavioral issues as well as technical issues surrounding the​ development, use, and impact of informatio
Mazyrski [523]

Complete Question:

Which field deals with behavioral issues as well as technical issues surrounding the​ development, use, and impact of information systems used by managers and employees in a​ firm?

Group of answer choices

A. Information systems management

B. Management information systems

C. Computer information systems

D. Information systems architecture

E. Information systems literacy

Answer:

B. Management information systems.

Explanation:

Management information systems is a field which deals with behavioral issues as well as technical issues surrounding the​ development, use, and impact of information systems used within an​ organization. It is typically used by organizations for decision-making purposes and to provide controls, coordination, evaluation and analytical visualization of informations or data.

Some forms of Management information systems (MIS) are sales and marketing systems, accounting and finance systems, process control systems, inventory control systems, human resource management systems etc.

7 0
3 years ago
1. Do you think the United States is ethically required to respond to epidemics and other health crises in foreign countries? Wh
alexira [117]

Answer:

yes it is because United States has always been a health crises foreign country

5 0
1 year ago
Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square f
aleksandrvk [35]

Answer:

Explanation:

a. Computation of Rita’s home office deduction for the current year:

Actual expenses method, Rita is allowed to deduct all the expenses and the total deductions are =6,700+800+1,600 = $9,100.

Simplified method:

Rita’s home office deduction will be limited to =300square feet × $5 application rate= $1,500.

However, she can deduct expenses relating to interest and taxes = $6,700 as itemized deductions.

Thus, the total deductions = $1,500+ $6,700 = $8,200.

<em>Take a look to the document attached.</em>

b. Computation of Rita’s home office deduction for the current year if Gross income is $10,000:

Actual expenses method, Rita is allowed only mortgage interest and taxes and all other expenses relating to tire 2 and 3 are carried forward to next year.

<em>Take a look to the document attached.</em>

<em />

Simplified method:

Rita’s home office deduction will be limited to =300square feet × $5 application rate= $1,500.

However, she can deduct expenses relating to interest and taxes = $6,700 as itemized deductions.

Thus, the total deductions = $1,500+ $6,700 = $8,200.

c. Rita's AGI = Sole proprietorship income + income from business

= $60,000 + 300 = $60,300

d. Based on the above calculations Rita can deduct all the expenses in this year itself, thus she does not carry any expenses to next year.

Download xlsx
8 0
3 years ago
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