List the prospect's five mental steps in buying.

What will be an ideal response?


Attention, interest, desire, conviction, and action.

Business

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When someone purchases the same product out of habit over time, that pattern is known as attitudinal loyalty.

Answer the following statement true (T) or false (F)

Business

The involvement of many marketing managers in the research project is limited to the written report and the oral presentation

Indicate whether the statement is true or false

Business

Compton Corporation is a wholesale distributor of educational CD-ROMs. The company's records indicate the following:  This YearLast YearUnits Sold 250,000  200,000Sales$1,250,000 $1,000,000Cost of goods sold 875,000  700,000Gross margin 375,000  300,000Selling and administrative expenses 222,000  210,000Net operating income$153,000 $90,000 Using the high-low method of analysis, what are the company's estimated variable selling and administrative expenses per unit?

A. $0.88 B. $0.96 C. $0.24 D. $4.17

Business

Identify the accounts that would normally have balances in the credit column of a business's trial balance.

A) Liabilities and expenses. B) Assets and revenues. C) Revenues and expenses. D) Revenues and liabilities. E) Dividends and liabilities.

Business