Use the Information Given Below to Answer the Following Question

question 17

Multiple Choice

Use the information given below to answer the following question. What is the net profit for 2019?

• A) $62 000
• B) $70 000
• C) $104 000
• D) None of the above )

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Definitions:

Store Loyalty

The likelihood of customers consistently choosing one particular store or brand over competitors, often resulting from positive shopping experiences or satisfaction with products.

Habitual Purchasers

Consumers who buy the same brands or products repeatedly out of habit rather than through active decision-making based on price, quality, or other factors.

Extended Problem-Solving

A consumer decision-making process used for high involvement purchases, requiring considerable time and effort in evaluating alternatives.

Reference Group

One or more persons whom an individual uses as a basis for comparison regarding beliefs, feelings, and behaviors.