Provide a general description of the four classic response hierarchy models

What will be an ideal response?


Micromodels of marketing communications concentrate on consumers' specific responses to communications. All the response hierarchy models assume the buyer passes through cognitive, affective, and behavioral stages, in that order. This "learn-feel-do" sequence is appropriate when the audience has high involvement with a product category perceived to have high differentiation, such as an automobile or house. An alternative sequence, "do-feel-learn," is relevant when the audience has high involvement but perceives little or no differentiation within the product category, such as an airline ticket or personal computer. A third sequence, "learn-do-feel," is relevant when the audience has low involvement and perceives little differentiation, such as with salt or batteries. By choosing the right sequence, the marketer can do a better job of planning communications.

Business

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The reserve requirement is 0 percent on the first $6.0 million in transaction deposits, 3 percent on amounts between $6.0 million and $42.1 million, and 10 percent on amounts above $42.1 million.The First Bank of Boston has the following assets and liabilities (all amounts in millions of dollars):

 Assets  Reserves$5.0  Loans$345.0  Securities$70.0     Liabilities + Capital  Transaction deposits$75.0  Nontransaction deposits$315.0  Equity capital$30.0 ? a.Calculate the bank's excess reserves. Show your work.  b.Suppose First Bank makes a loan to a customer equal to the amount of the excess reserves you found in part a. Calculate the bank's excess reserves before the customer spends the proceeds of the loan. Show your work.  c.Now suppose the customer spends the proceeds of the loan. Calculate the bank's excess reserves. Show your work. What will be an ideal response?

Business

Inseparability in the context of a service means that there is a provider-client interaction involved as the provider is part of the service

Indicate whether the statement is true or false

Business

In the formula for the expected duration of an activity, ______.

A. b represents the historical time to complete the activity B. m represents the most pessimistic time to complete the activity C. a represents the most optimistic time to complete the activity D. a represents the most pessimistic time to complete the activity

Business

Ceilings for both SUTA and FUTA taxes are currently $7,000

Indicate whether the statement is true or false

Business