Google (Google Cardboard) and Samsung (Samsung Gear) Were Early Players

question 34

True/False

Google (Google Cardboard) and Samsung (Samsung Gear) were early players in the drive to bring VR/AR technology to the masses.

Comprehend the impact of psychological, personal, and social factors on buying decisions.

Understand strategies for managing buyer perceptions and expectations post-purchase.

Learn the role of technology in enhancing sales performance.

Recognize the necessity to adjust sales strategies based on the type of buying decision.

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Definitions:

Depreciation Expense

Methodically spreading out the expense of a physical asset across its period of usability.

Capital Lease

A lease classified as a purchase by the lessee, whereby the lessee records the leased asset as an owned asset on the balance sheet.

Bargain Purchase Option

A lease agreement provision allowing the lessee to purchase the leased asset at a price significantly lower than its expected fair market value at the end of the lease term.

Long-term Liability

A long-term liability is a financial obligation of a company that is due beyond one year, such as bonds payable, long-term leases, and pension obligations.