Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

1.Which of the following would be most helpful for predicting why a final consumer selects one of several similar brands?
A) population data
B) consumer spending patterns
C) behavioral science theories
D) consumer income
E) all would be equally helpful

2.A magazine ad for GEICO car insurance shows the GEICO gecko lying down while the copy reads, "Don't take high car insurance rates lying down." What primary economic need is being satisfied in this magazine ad?
A) Convenience
B) Improvement of earnings
C) Dependability in use
D) Economy of purchase

3.An application for the iPhone that includes voice directions for a built-in GPS system can be helpful in finding a motel that is "off the beaten track". What is the primary economic need being satisfied by this app?
A) Economy of purchase
B) Dependability in use
C) Efficiency in use
D) Convenience

4.The amount of income a family has left after paying taxes and paying for its necessities is called its ______________ income.
A) personal
B) discretionary
C) marginal
D) family
E) modified

5.____ is one of the psychological variables that affects a person's buying behavior.

A) Perception
B) Family
C) Social class
D) Reference groups
E) Convenience

6.Wants
A) are an effort to satisfy a drive
B) are more basic than needs.
C) are strong stimuli that encourage action to reduce a need.
D) are needs that are learned during a person's life.
E) remain the same during a person's life.

7.Marci Bello is status-oriented. When she buys clothing she only considers items with well-known "labels" that her friends will notice. This behavior illustrates
A) satisfying a need.
B) satisfying a want.
C) satisfying a belief.
D) the "economic buyer" model of buyer behavior.
E) All of these are equally good answers.

8.After working for 18 hours, Katrina arrived home exhausted and wanted to go straight to sleep. Katrina's need to sleep is a ______________ need.
A) psychological
B) social
C) physiological
D) behavioral
E) emotional

9.L'Oreal advertises its hair color with the popular tagline, "So it costs a bit more. But I'm worth it!" Here, L'Oreal's marketing effort focuses on satisfying what level in the hierarchy of needs?
A) Social needs
B) Safety needs
C) Physiological needs
D) Personal needs

10.Hallmark advertises its gift items with the popular tagline, "When you care enough to send the very best." Here, Hallmark's marketing effort focuses on satisfying what level in the hierarchy of needs?A)B) C) D)
A) Social
B) Safety
C) Physiological
D) Personal

11.Allstate Insurance promotes its auto and home insurance by telling consumers, "You're in good hands with Allstate." Which of the following types of needs is Allstate trying to satisfy?
A) Personal needs.
B) Social needs.
C) Physiological needs.
D) Safety needs.
E) Behavioral needs.

12.The statement, "I like Southwest Air," is an example of a(n):
A) belief
B) intention
C) attitude
D) drive
E) none of these alternatives is correct

13.According to the text, social class in the U.S. is usually measured in terms of:
A) income.
B) occupation, education, and housing arrangements.
C) income, occupation, and education.
D) race, religion, and occupation.
E) income, occupation, and religion.

14.Natasha Talbott was interested in a new set of golf clubs. She discussed the various types with some knowledgeable friends and relied on their advice. Natasha's friends were acting as:
A) an economic influence.
B) routinized decision-makers.
C) a social class.
D) a lifestyle group.
E) a reference group.

15.Ken Prescott has noticed several television commercials for BestYet--a new brand of shampoo. While washing his hair, he thinks about what would happen if he replaced his current shampoo with BestYet. What stage in the adoption process has Ken reached?
A) evaluation
B) feedback
C) decision
D) interest
E) awareness

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9995276

Have any Question?


Related Questions in Basic Finance

Set up and solve a valuation for thew following

Set up and solve a valuation for thew following non-constant growth stock: A stock will pay a $2.00 dividend in year 1. It will grow at 2% for years 2 and 3, and then at 4% for years 4 and 5, then at 5% thereafter. The i ...

Franks is looking at a new sausage system with an installed

Franks is looking at a new sausage system with an installed cost of $375,000. This cost will be depreciated straight-line to zero over the project's five-year life, at the end of which the sausage system can be scrapped ...

What is the expected return of a portfolio with 25 invested

What is the expected return of a portfolio with 25% invested in UK stock and 75% in the U.S. if the U.S. return was 15% and the UK was 12%? What is the portfolio risk of the portfolio in the questions above if the correl ...

Background information for the next two problems solar home

Background information for the next two problems. Solar Home Inc. is interested in estimating its sustainable sales growth rate. Last year revenues were $1 million, the net profit was $50,000, the investment in assets wa ...

Question - you purchase a machine for 100000 such machine

Question - You purchase a machine for $100,000. Such machine has a 3-year MACRS classification. If the machine is sold at the end of the second year for $45,000, what are the after-tax proceeds from the sale, assuming yo ...

Calculate the value of a bonds with face value of 1000 a

Calculate the value of a bonds with face value of $1,000 a coupon interest rate of 8 percent paid semiannually; and a maturity of 10 years. Assume the following discount rate (a) 6 percent (b) 8 percent (c) 10 percent

We have the following investments in our

We have the following investments in our portfolio: Investment                       Amount                             Expected Return             Beta A Stock                               $2,000                        ...

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

Company has been growing at a rate of 10 per year and you

Company has been growing at a rate of 10% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years. if the discount rate is 25% and the steady growth rate after 3 years is 2%, w ...

Managerial finance assessment task - project

Managerial Finance Assessment Task - Project Evaluation Question 1 - RWE Enterprises Pty Ltd is a small manufacturing firm located in Brisbane. RWE is considering setting-up a new plant. The plant has an upfront cost of ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As