Answer: D. Recognizing a problem
What is the first step in the basic consumer decision process?
A. Evaluating options
B. Identifying motivations
C. Making comparisons
D. Recognizing a problem
Business
You might also like to view...
Central Investments bought 4,000 shares of Benet Company common stock on January 1, 2018, for $20,000, and 4,000 shares of Roy Company common on July 1, 2018, for $24,000. Benet declared dividends on December 31, 2018 of $3,000. At the end of 2018, the fair value of Roy was $30,000 and the fair value of Benet was $28,000. At the end of 2019, the fair value of Roy was $32,000 and the fair value of Benet was $24,000. These investments are reported in the long-term asset section of Central's balance sheet. Central owns 8% of Benet Company and 12% of Roy Company. Assume that the Roy Company stock was sold during 2020 for $31,000. The proper accounting recognition at the date of sale was
A. a realized gain of $6,000. B. an unrealized loss $1,000. C. a realized gain of $7,000. D. a realized loss of $1,000.
Business
Which of the following statements is true about a reduce-market-focus defensive strategy?
A) It involves introducing new lines of products. B) It requires an increase in the marketing budget. C) It will likely lead to lower levels of profitability as a percentage of sales. D) It is most appropriate when a business has the resources to invest in protecting its current share position. E) It involves trimming market share in an effort to improve profit performance.
Business
In the context of sampling plan, a comprehensive record of each individual in the population of interest is known as a ________.
A. database B. census C. sample D. survey E. focus group
Business
Employees who moved from one country to the other to do their jobs are called:
a. Immigrants b. Ex country men c. Natives d. Expatriates
Business