Question

If there is an boycott on a rubber manufacturing company and consumers are no longer purchasing...

If there is an boycott on a rubber manufacturing company and consumers are no longer purchasing the good or service, how are consumers adjusting their buying? discuss.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

In case of boycott on a rubber manufacturing company and consumers no longer purchasing rubber goods, they are adjusting their buying by looking for a substituent product of rubber. Consumers can for buying Silicone products as a substituent of rubber in order to adjust their buying.

The same case also happens in case of one product becoming expensive or in case of shortage of supply. For instance, if petrol becomes expensive or there is a shortage of supply of petrol, consumers substitute petrol with diesel driven cars as diesel is a substituent of petrol.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Discuss and apply the concept of elasticity to a boycott on a rubber manufacturing company.
Discuss and apply the concept of elasticity to a boycott on a rubber manufacturing company.
The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments...
The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments — fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: FROM TO Purchasing Maintenance Fabrication Assembly Purchasing 0 % 65 % 20 % 15 % Maintenance 15 % 0 % 75 % 10 % The direct operating costs of the departments (including both variable and fixed costs) were as follows: Purchasing $ 120,000 Maintenance 42,000 Fabrication...
The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments...
The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments — fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: FROM TO Purchasing Maintenance Fabrication Assembly Purchasing 0 % 35 % 50 % 15 % Maintenance 45 % 0 % 45 % 10 % The direct operating costs of the departments (including both variable and fixed costs) were as follows: Purchasing $ 102,000 Maintenance 24,000 Fabrication...
The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments...
The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments — fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: FROM TO Purchasing Maintenance Fabrication Assembly Purchasing 0 % 30 % 45 % 25 % Maintenance 70 % 0 % 20 % 10 % The direct operating costs of the departments (including both variable and fixed costs) were as follows: Purchasing $ 147,000 Maintenance 69,000 Fabrication...
Rubber and Steel Company is planning to manufacture a new product. The variable manufacturing costs will...
Rubber and Steel Company is planning to manufacture a new product. The variable manufacturing costs will be $ 67$67 per unit and the fixed costs are estimated to be $ 7308.$7308. The selling price of the product is to be $ 129$129 per unit. Variable selling expense is expected to be $ 20$20 per unit. ​(a) Calculate the contribution margin per unit. ​(b) Determine the contribution rate. ​(c) Calculate the​ break-even point in units. ​(d) Determine the​ break-even point in...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli showed that how a company handles a crisis when at fault is one of the top influences in consumer buying decisions,with 73% claiming it is an influence. Quality of product was the number one influence, with 96% of consumers stating that quality influences their buying decisions. How a company handles complaints was number two, with 85% of consumers reporting it as an influence in...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli showed that how a company handles a crisis when at fault is one of the top influences in consumer buying decisions,with 73% claiming it is an influence. Quality of product was the number one influence, with 96% of consumers stating that quality influences their buying decisions. How a company handles complaints was number two, with 85% of consumers reporting it as an influence in...
Discuss the differences between auditing a service company and a manufacturing company. What adjustments would your...
Discuss the differences between auditing a service company and a manufacturing company. What adjustments would your peers have to make to their audit planning if they were to audit a service company?
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli showed that how a company handles a crisis when at fault is one of the top influences in consumer buying decisions, with 73% claiming it is an influence. Quality of product was the number one influence, with 96% of consumers stating that quality influences their buying decisions. How a company handles complaints was number two, with 85% of consumers reporting it as an influence...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli...
A survey of 2645 consumers by DDB Needham Worldwide of Chicago for public relations agency Porter/Novelli showed that how a company handles a crisis when at fault is one of the top influences in consumer buying decisions,with 73% claiming it is an influence. Quality of product was the number one influence, with 96% of consumers stating that quality influences their buying decisions. How a company handles complaints was number two, with 85% of consumers reporting it as an influence in...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT