Answer:
rational
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.
This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.
In Economics, buying motives are classified into five (5) main categories and these include;
I. Acquired and Inherent buying motives.
II. Conscious and Dormant buying motives.
III. Physical, Psychological and Sociological buying motives.
IV. Primary and Selective buying motives.
V. Rational and Emotional buying motives.
A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.
In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.
Tony is facing a financial crisis in his business. Instead of applying for a loan from a commercial bank, he takes a loan from the cooperative that he partly owns with some of his friends. This cooperative acts as a depository institution where all the members deposit their savings on a higher interest rate than that offered by commercial banks. Being a member of this cooperative, he gets the advantage of being charged lower interest rate on his loan. Based on the information given in the scenario, the cooperative owned by Tony and his friends exemplifies a(n) _____.
Answer:
credit union
Explanation:
A credit union can be regarded as
not-for-profit financial institution which is under control of the members who has money deposited in it. It doesn't maximize profit but rather give back favorable interest rates to it's members as profit.
What is the difference between traditional manufacturing and a cottage
industry?
A. Manufacturing is done on a lower scale.
B. Manufactured products are better quality.
C. Manufactured items are worth more.
D. Manufacturing is done on a larger scale.
SUBMIT
Answer:
its a D
Explanation:
The difference between traditional manufacturing and a cottage industry is manufacturing is done on a larger scale. Thus, option D is correct.
What is cottage industry?A cottage industry is a small manufacturing company run by an individual or family, usually from their house rather than a specially constructed facility. The minimal expenditure needed to launch a cottage industry serves as its defining characteristic.
They frequently concentrate on making labor-intensive goods but have a tough time competing with manufacturers of mass-produced goods who operate factories. The original cottage industries in the U.S. and Europe were light manufacturing businesses that performed subcontracted work in shoemaking, minor metal machine components, textile or garment production, or stitching. These small-scale companies frequently used raw materials provided by the contract supplier to make final goods.
Therefore, we can conclude that option D is correct.
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How do credit card companies use a person's credit report?
A.) To determine if that person should be given a loan or credit card
B.) To calculate how much interest the person is owed on their account
C.) To help them figure out ways to pay off their outstanding debt
D.) To figure out if that person has been using a budget
Answer:
The answer is the letter A
Answer:
A
Explanation:
short notes on Co-Work skill?
Answer:
Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.
Explain briefly how a person with creative, artistic talent might broaden his or her outlook and find a satisfying career in the field of Consumer Services.
Answer: The most important thing they need to consider is where their strength lies and what they can be very creative with
Explanation:
An artistic person is an individual who has a creative skill. They are several things an artist can look up to carve a niche for themselves. The most important thing they need to consider is where their strength lies and what they can be very creative with. When they have considered these they can look up various fields listed below, they one or more of them
Animator
Art teacher
Cake decorator
Fashion designer
Graphic designer
They need to discover their market in the sector they're going into; who they'll be serving.
These are just few compared to the remaining. The next thing they need to consider is their unique selling point, i.e how they'll be different from others doing it.
When they've considered all these, it'll be easier for them to have a satisfying career in the field of Consumer Services.
Before you look to change the strategy, you take a look at the leadership team and see a concern. A positive of the team is that it is very heterogeneous with a wide variety of experience and expertise. But, you realize the limitations of the duality. The CEO, James Morgan, is also the Chairman of the Board. Mr. Morgan is a very confident man who has had success in the past. He has held his duality for several years and is known to fight changes in strategic direction.Based on the Board’s overall desire for change, should you keep the current structure or split Morgan’s duality?No dualityDuality
Answer:
No duality
Explanation:
Change management is a strategy that helps individual and teams prepare for organisational changes that have to be made to move the business to greater heights.
In the given scenario where James Morgan is both the CEO and the chairman of the board, he will have undue influence on major decisions in the organisation.
It is better for him to retain position of Chairman of the board and appoint another person as the CEO.
This will give fresh perspective to various issues the organisation faces, and also will provide check and balance to adverse policies that Mr. Morgan may want to introduce.
Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)
Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie
What can a database designer create to make it easy for people to create records?
A. A query
B. A form
C. A report
D. A field
Answer:
B. A form
Explanation:
I found the answer on quizlet
Answer:
It's B. A form
Explanation: hope it helps ^w^
The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above
It is the 1) profit motive that encourages entrepreneurs to start businesses, expand old businesses, create new or improve products and production processes for efficient use of resources.
What is the profit motive?The profit motive describes the economic incentive that drives the activities and decisions of entrepreneurs.
Thus, it is not price that motivates entrepreneurs but profit.
Learn more about the role of the profit motive in resource allocation at https://brainly.com/question/933169
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This part of the business cycle is when companies have hired as many employees needed to supply enough goods demanded by consumers to optimize profit.
A. Trough
B. Growth
C. Recession
D. Peak
A trader has a portfolio worth $5 million that mirrors the performance of a stock index. The stock index is currently 1,250. Futures contracts trade on the index with one contract being on 250 times the index. To remove market risk from the portfolio the trader should
Answer:
A short futures position is required
Explanation:
Missing word "short or long in the forward or futures market?"
Worth of portfolio = $5 million
Stock is currently index = 1,250
The number of contract required is therefore:
==> {$5,000,000} / {1,250*250}
==> 16 contracts
So, in order to remove market risk from the portfolio, the trader should sell 16 contracts. 1 futures contract protects a portfolio worth 312,500 (1250*250).
In order to remove the market risk, there is need to gain on the contracts when the market declines. A short futures position of 16 contracts is therefore required..
If the Mayo Clinic wants better integrate technology to improve its customer care, what type of group or team should it implemented
Answer: cross functional team.
Explanation:
For Mayo Clinic to better integrate technology in order to improve its customer care, a cross functional team should be implemented.
A cross-functional team simply refers to a group of people that possess functional expertise which are quite different but are working toward thesame goal. It is usually made up of every workers in the departments of an organization working towards the achivement of organization goals.
Can u help me plzzzzzzz
Answer:
warm up
an advert in a prime time TV show :a mass market
an advert in a local newspaper :a market in particular location
an advert in a magazine for teenagers : a market of particular age
Explanation:
one region why company will match the branding of a new product to the company's overall brand image is;marketby the help of this company can attract customers for their product.company gain a profit as it helps to get market which makes company belief towards the satisfaction.
Identify whether the expense below would be considered a want, a need, or savings.
Concert tickets
Savings
Want
Need
mention two ways of using money wisely
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What is query filtering most useful for?
adding and removing fields from a query
editing data in the table underlying the query
eliminating data that does not match from a query
reviewing only the results that meet specific criteria
Answer:
reviewing only the results that meet specific criteria
Explanation:
Query filtering is a simple way to filter informations from the available tons of data in-order to streamline it to what was actually needed. The queried and filtered information would then been reviewed and the results which met the keyed information appearing below it.
For example, query filtering could be used to seek for information about women who falls within age of 30 - 40 years among tons of information showing age of both men, children and women within the age of 10 -80 years.
Answer:
(D) seeing only the results that meet specific criteria
Explanation:
A single team member can affect the morale of the whole team.
True
False
Helen is a part of a formal group made up of interdependent individuals responsible for
achieving company goals. This is known as an)
Answer:
work team
Explanation:
From the question, we are informed about Helen who was a part of a formal group made up of interdependent individuals responsible for achieving company goals. In this case , This is known as an work team.Work teams are regarded as groups of employees which put hands together in order to accomplish some tasks. They are usually efficient when different skills are needed to complete some task.
business was defined as the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. In what ways is Warby Parker satisfying the needs of its customers
Answer:
The explanation according to the given circumstance is described below throughout the explanation section.
Explanation:
Warby Parker announces a brand new approach for purchasing glasses: the opportunity to get elevated accessories shipped to the door at quite a cheap price.Individuals post five major social media framework choices to inspire clients and receive supportive input from their loved ones.A new sales moment in time structure was perhaps the most critical aspect of developing consumer engagement.