Name the steps in smart buying
What will be an ideal response?
Answer:
Step 1: Differentiate want from need
Step 2: Do your homework.
Step 3: Make your purchase.
Step 4: Maintain your purchase.
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The reporting and assessment of revenues earned from customers and the costs incurred to earn those revenues is:
A) price discount. B) whale curve. C) price markups. D) customer-cost hierarchy. E) customer-profitability analysis.
After ten years of marriage and months of searching, Jan and Jon find what they think is their "dream house.". Actually, they want to confirm the availability of required financing. What should they do?
a. "Bite the bullet," and sign the purchase contract immediately. b. Tell the seller "We'll be back; please hold this house for us and for our twins.". c. Offer to purchase the home contingent upon their ability to obtain reasonable financing within a couple of weeks. d. Keep on looking; there's always a "better deal" somewhere, if you shop long enough.