To what extent do you use price to judge the potential quality of an item that you
Question:
To what extent do you use price to judge the potential quality of an item that you are considering purchasing?
Critically reflect on the pros and cons of using price as a decision cue in this way.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
It seems like your question falls in the domain of Consumer Behavior Psychology which examines how o...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Kristina is studying for a masters degree in international business, Although she has chosen to study overseas, she wishes to undertake her research project in her home country. She is interested in...
-
Consider the Principles of Good Regulation for both the regulator and business as explained by the Financial Conduct Authority (the regulator of financial institutions in the United Kingdom)....
-
What are required skills for a good negotiation? Pros and cons for using such a mechanism. Choose a IT work-based scenario and explain whether you would use negotiation or not? Use relevant...
-
List 5 Business Uses of Location Analytics? In what way a business can use location data?
-
Evaluate (log2 3) (log3 4) (log4 5) . . ., (log 31 32).
-
Design the following comparators for 32-bit numbers. Sketch the schematics. (a) Not equal (b) Greater than (c) Less than or equal to
-
Oncology Tech is a manufacturer of cancer therapy devices called compensators. CMS was a company that sold cancer treatment planning software for use in purchasing cancer treatment devices. In 2006,...
-
Answer the following multiple-choice questions: a. Which of the following could lead to cash flow problems? 1. Tightening of credit by suppliers 2. Easing of credit by suppliers 3. Reduction of...
-
3. 1. Find the volume of the figures below. 2. Answer: Answer: 8.5 ft 4 ft. 2.5 ft. 7 cm. 14 cm. 6 cm. 4. 12 in 4 in. Answer: 9 in. Juice Answer: 6.5 in. 3 in. 2.5 in. 5 in.. 3 in.
-
Discuss how a company pursuing a build strategy is likely to react to both price rises and price cuts by competitors.
-
Why is value to the customer a more logical approach to setting prices than cost of production? What role can costs play in the setting of prices?
-
An auditor selected items for test counts while observing a clients physical inventory count. The auditor then traced the test counts to the clients inventory listing. This procedure most likely...
-
Doug wants to give Kim a laptop computer that is stored in a locker at the airport. Doug gives Kim the key to the locker and tells her to take the laptop from the locker. Kim says that she doesnt...
-
Ray operates the Apple Spice Restaurant in space that he leases in Village Mall. Village Mall is owned by VM Associates. VM Associates sells the mall to BB Properties. For the rest of the lease term,...
-
Shirley borrows $200,000 from Ridgetop Credit Union to buy a home, which secures the loan. Three years into the term, she stops making payments on it. Ridgetop repossesses and auctions off the...
-
Queenie agrees to rent a bicycle from Ride City Bikes for a day. As a bailor, Ride City must a. deliver the bike to Queenie. b. provide storage of the bike for compensation. c. surrender the bike to...
-
Orley agrees to lease an F-150 Ford truck to Pete, who tells Orley that he plans to use the truck to haul trash and debris from his property. As a bailee, Pete has a responsibility to a. limit his...
-
Rather than netting underapplied overhead against Cost of Goods Sold or Cost of Goods Sold and ending inventories, some critics suggest an alternative way to disclose underapplied overhead. What is...
-
Burberrys competitive advantage is through its differentiation strategy. What risk should Burberry remain aware of?
-
Identify, describe, and give examples of the four major types of business markets.
-
Regarding purchasing behavior, why might business customers generally be considered more rational than ultimate consumers?
-
Regarding purchasing behavior, why might business customers generally be considered more rational than ultimate consumers?
-
You have taken out a 60-month, $23,000 car loan with an APR of 4%, compounded monthly. The monthly payment on the loan is $423.58. Assume that right after you make your 50th payment, the balance of...
-
What is the output of C code below? #include int main() { int *ptr; int x; ptr = &x; *ptr = 0; printf(" x = %d ", x); printf(" *ptr = %d ", *ptr); *ptr += 5; printf(" x = %d ", x); printf(" *ptr = %d...
-
static String saySomething(String name) { String output = ""; if (name.length() < 5) { } output = name + ", your name is short."; else { } output = name + , your name is long."; return output; } What...
Study smarter with the SolutionInn App