Case illustrates the effect of on buying behavior

Assignment Help Operation Management
Reference no: EM13968943

A salesperson driving to visit a client located two hours away has a tire blow out on the highway. He walks about a mile to the next exit where he finds a service station. The owner of the station says he can replace the blown tire, but it will cost twice as much as it would to purchase a tire in the salesperson's home city. The salesperson, not wanting to be late for his appointment, agrees to pay the higher price in order to get back on the road. This case illustrates the effect of ______________________ on buying behavior.

cultural background

social groups

purchase situation

learning situation

reference groups

Reference no: EM13968943

Questions Cloud

Protection from personal liability for debts of business : All of the following are rights held by an individual member of an LLC, except: Which of the following is recognized as a disadvantage to doing business as an LLC? Which of the following is a quality that an LLC shares with a corporation? Which of th..
Public offering is designed to offer securities for sale : A corporation’s initial public offering is designed to offer securities for sale to officers and employees of the corporation before they are available to the general investing public. The SEC interprets the term “security” narrowly, so that it may o..
Under the securities act-term integration is best described : Which of the following would most accurately represent activity that blue sky laws are designed to protect against? A corporation’s registration statement should include information addressing all of the following, except: Under the Securities Act of..
The term banking day is best defined : A draft may require the payor of the draft to do all of the following, except: The term “banking day” is best defined as:
Case illustrates the effect of on buying behavior : A salesperson driving to visit a client located two hours away has a tire blow out on the highway. He walks about a mile to the next exit where he finds a service station. The owner of the station says he can replace the blown tire, but it will cost ..
Directors must be compensated for their services : An LLC must have at least two members that participate in management in order to lawfully do business. A limited partner risks personal liability when he or she actively participates in the management of partnership affairs. Stock that is issued and ..
What happens when a court pierces the corporate veil : Acts of a corporation that goes beyond the powers granted to it by the state or in its charter are _____________acts. What happens when a court pierces the corporate veil? Which of the following are not grounds for a state cancelling a corporation’s ..
Putting knowledge to work on large scale-with excellence : The mission of the University of Illinois is as follows: The University of Illinois will transform lives and serve society by educating, creating knowledge and putting knowledge to work on a large scale and with excellence. How helpful to employees i..
Compare two types of goal structures : Compare two types of goal structures: The SMART goal written about in the textbook and the Four part (I. Summary, II Sigma A; III MO; IV Measures of Success) goal covered in class and in a handout. In what ways are they alike and what ways are they d..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Challenges for project manager

What challenges may arise if a U.S. project manager moves to a foreign country to manage a project for 5 years? Discuss specific strategies that the U.S. project manager could use to be successful in a situation such as this.

  Controversial corporate social responsibility

Specify one (1) controversial corporate social responsibility concern associated with your selected organization.

  Use bureaucratic control and other types of control

In controlling, how/where will the company use bureaucratic control and other types of control?

  What are some sources of risk in a systems analysis

What are some sources of risk in a systems analysis and design project, and how does a project manager cope with risk during the stages of project management?

  Improving job satisfaction and morale

Effective Methods of Employee Recognition, Positive Reinforcement as a Motivator for Increased Work Performance, Improving Job Satisfaction and Morale Through Effective Communication

  What is the capability ratio of the current process

A chocolate factory has weighed 4 chocolate truffles coming out of production over 5 working days to obtain the following data, weights are in grams. Suppose the process has a standard deviation of 0.2. The factory quality assurance requires rework f..

  Sketch the network diagram by using the aon activity on

the following information is gathered for a project.activityactivity time daysimmediate predecessorsa2-b4ac5ad2be1bf8b

  Do you think small businesses to compete in a global market

Do you think small businesses have any opportunity to compete in a global market. Explain how can they improve their success.

  Which type of machine would be chosen

With high certainty of annual demand, which type of machine would be chosen if that was an important consideration? With low certainty, which type of machine would be chosen?

  Higher gross profit figure

Provides the higher Gross Profit figure. Provides the most information for control purposes,

  What factors have contributed to its success

Assess the extent to which Staples has developed a successful multichannel atrategy. What factors have contributed to its success?

  Find breakeven and target profit volume

Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd