Consumer buying decisions are influenced by economic needs, psychological variables, social influences, culture, and the purchase situation.
Answer the following statement true (T) or false (F)
True
Consumer buying decisions are influenced by economic needs, psychological variables, social influences, culture, and the purchase situation.
You might also like to view...
GMC sells cars and pays each salesperson a commission of $800 for each car sold. During the month of December, a salesperson, Tom, sold 3 new cars. GMC pays commissions on the 5th day of the month following the sale. Tom operates on the cash basis; the car dealer operates on the accrual basis. Which of the following statements is true?
A) Tom will recognize commission revenue earned in the amount of $2,400 in December. B) GMC will recognize commission expense in the amount of $2,400 in December. C) Tom will recognize commission expense in the amount of $2,400 in January. D) Tom will recognize revenue in the same month that the car dealer recognizes expense.
In most states, the formation, operation, and termination of limited partnerships are regulated by the ________
A) RULPA B) ADA C) ADEA D) EEOC
A real estate agent wants you to buy a plot of land today for $60,000 and he promises that you can sell it back to him in 7 years for $100,000
If you can earn 9% on alternative investments, then what is the present value of the sales proceeds? Is this a worthwhile investment? A) $54,703.42; it is not a worthwhile investment. B) $54,703.42; it is a worthwhile investment. C) $61,294.51; it is not a worthwhile investment. D) $61,294.51; it is a worthwhile investment. E) $60,000; not enough information.
Of the two: a foreign branch and a subsidiary bank, which one is more subject to U.S. regulations? Why?
What will be an ideal response?