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2 years ago

Limited decision making is used when purchasing frequently bought, low-cost items needing very little decision effort.

Business

1 answer:

Kay [80]2 years ago

5 0

Answer:

True

Explanation:

Routinized response behavior is the decision making process used by consumers when they buy frequently purchased, low cost items that require very little search and decision effort.

Convenience goods are low cost goods that are purchased frequently with very little search and decision effort, e.g. candy, cold drinks, etc.

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2 years ago

The costs incurred by a business in an effort to avoid bankruptcy are classified as _____ costs. Flotation Direct bankruptcy Ind

poizon [28]

Answer:

The correct answer is indirect bankruptcy costs.

Explanation:

Indirect costs are considered to be damage to the image and reputation of the company, lost investment opportunities, credit restrictions, conflicts with suppliers, loss of sales, conflicts with workers. Indirect costs are usually much higher than direct costs.

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2 years ago

Explain the stages involved in the recruitment of new staff into an organisation

tino4ka555 [31]

Answer:

1.)Recruitment Planning

(ii) Strategy Development

(iii) Searching

(iv) Screening

(v) Evaluation and Control.

Explanation:

The recruitment planning phase may involve the identifucatuonof position s which requires additional hands and the number required.

The strategic planning phase invokes coming up with the plans, form or dimension in which the recruitment process could take.

Searching : This may involve advert placement and acceptance of proposals or applications from interested applicants.

Screening : Thus step involves the vetting process of received applications in other it determine those suitable for the job.

Evaluation and Control : thus us often the final stage and may involve additional examination of screened applicants before the final recruitment and staffing.

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2 years ago

The categories of continuous innovation, dynamically continuous innovation, and discontinuous innovation are based on levels of

Savatey [412]

It is based on level of consumer depending upon the consumer behavior.

<h3>Consumer behavior </h3>

There are different stages consumer pass through to reach a buying decision making. Consumer decision making process represents a problem-solving approach and involves the following five stages – need recognition, information search, evaluation of alternatives, purchase decision and post-purchase behavior .

Extensive problem-solving. Consumers have not yet established a criteria for evaluating the product.

Limited problem-solving. Consumers have established a basic criteria for product evaluation.

Routinised-response behavior. Consumers have some experience with the product category.

Learn more about consumers here :

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1 year ago

Joe regularly visits China and offers lavish gifts to the Chinese company officials who are customers of his U.S. software compa

Troyanec [42]

Answer:

Personal ethics

Explanation:

Personal ethics is a basically the philosophy behind each action of an individual. The degree of right and wrong each person denotes their actions with.

In the above question, Joe uses personal ethic in the form of business ethic. According to him, these are right actions that would be bring him career prosperity and a loyal customer base which would indirectly effect effect his reputation along with the companys' reputation.

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2 years ago