QUESTION 56 For a customer to satisfy a need, he or she will need to search for information about how to satisfy that need. Which of the following is NOT true about the information search process? a. The customer begins by searching his or her memory for information or experiences to satisfy the need. b. If the customer does not have then information, he or she will search externally, and family and friends will be a reliable source. c. The information search generally begins with the general and narrows as the customer refines the search. d. With the growth in information available on-line, the information search step in the model will be eliminated and the model changed. QUESTION 57 Which element would be categorized in the macro-environment for managers at Ben & Jerry’s? a. Ingredients b. Flavors c. Prices d. Cultural beliefs
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
QUESTION 56
For a customer to satisfy a need, he or she will need to search for information about how to satisfy that need. Which of the following is NOT true about the information search process?
a.
The customer begins by searching his or her memory for information or experiences to satisfy the need.
b.
If the customer does not have then information, he or she will search externally, and family and friends will be a reliable source.
c.
The information search generally begins with the general and narrows as the customer refines the search.
d.
With the growth in information available on-line, the information search step in the model will be eliminated and the model changed.
QUESTION 57
Which element would be categorized in the macro-environment for managers at Ben & Jerry’s?
a.
Ingredients
b.
Flavors
c.
Prices
d.
Cultural beliefs
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