How crucial is utility for it organization

Q: What factors commonly influence a person’s daily buying choices? Select one of these and explain how…

A: These are the factors which influence a person’s daily buying choices: The income of the consumer:…

Q: Can a company like Priceline.com sell low-priced items such as groceries and telephone calls?

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: Change in price vs. a change in a non-price factor

A: Change is price  means the changes in price change that point of quantity demanded on the demand…

Q: explain how opportinity cost affects consumer behacvior

A: When a consumer purchases one good or service, then he/she is giving up on the chance to purchase…

Q: What factors impact the list price to determine the final price?

A: The list price is the retail price suggested by the manufacturer. The final price is the price at…

Q: Why is the cost of serving a long-standing customer far less than the cost of acquiring a new…

A: Customer retention signifies the process by which business firms are able to retain its clients for…

Q: What is the decision facing alibaba?

A: Alibaba is the largest e-commerce company in the world. It is currently facing multifaceted…

Q: How does change in price affect CONSUMER OPPORTUNITIES?

A: Microeconomics refers to the branch of economics that is concerned with a single factor and affects…

Q: what is marketing and what does it seek to accomplish?

A: Marketing is an activity that is undertaken by institutions and businesses to communicate their…

Q: What are the types of utility

A: Utility refers to the total satisfaction that is derived from consuming a good or a service. Utility…

Q: how does marketing affect customer value?

A: Marketing: The activities that a company undertakes to increase the revenue by promoting the buying…

Q: How Supplier relationship will affect the hospitality industry?

A: It is crucial to realize that the hotel business runs on a very distinct set of principles than…

Q: Articulate how economic factors influence acustomer’s ability and willingness to buy products

A: General economic conditions of a country can affect the ability and the wiliness of an individual to…

Q: What is the additional satisfaction that an individual gets from consuming one more unit of a…

A: Net gains measures the final measure of gains. It is total gains less of all the costs and expenses.…

Q: How would you define consumer behavior?

A: Consumer behaviour is very important for any firm to determine what goods and services need to…

Q: You have an 8:30 class this morning but you are feeling extremely tired. How do you decide whether…

A: Opportunity cost is defined as the price of the benefits you could have got had you not made your…

Q: Is economic related to marketing?

A: Individually and collectively, economics is the study of how people distribute scarce resources for…

Q: Write a few sentences from the viewpoint of a first-time buyer when home appliances became available…

A: In the 1920s, there was the opening of new possibilities of mobility for a large % of the population…

Q: What are the factors which determine the choice that a person makes between buying a Honda Accord or…

A: The demand for the commodity is directly related to the income or purchasing power of the consumer.…

Q: Why are celebrities endorsed brands more expensive?

A: The company’s sales and market share of branded items will be increased with the help of celebrity…

Q: The type of currency in circulation in the r O metallic money O commodity money silver certificates…

A: Definition: The US economy is a mixed economy. It works as per a monetary framework that describes…

Q: Read the article from the New York Times in the box below, and then answer the questions that…

A: The free market is a supply and demand-based economic structure, with little or no government…

Q: The question asked for percentage and not price. Can you explain how to get to the percentage?

A: The demand function gives a functional relationship between prices and quantity demanded. It is…

Q: What are the Shortcomings of Range?

A: A range can be defined as the difference between the largest number and the smallest number. To find…

Q: How do marketers use emotions in product designand advertising?

A: Emotional marketing refers to marketing and advertising that primarily uses emotional appeals to…

Q: When would a buyer purchase an imitation meat

A: Meat consumption has several negative influences on the economy. It results in greenhouse emissions…

Q: Answer in a paragraph- What are the various factors that affect your purchase process when you buy…

A: When purchasing shampoo, my decision-making process is a multifaceted one that considers various…

Q: Which of the following best describes why the Hours of Service Regulations were put into place? O To…

A: The driver test is important to ensure the safety of peope with having the all relevant information.…