PreparED Study Materials
Bus 5710: Consumer Behavior and Motivation
School: University of Missouri - St. Louis
Number of Notes and Study Guides Available: 1
Notes
Videos
Decoding Consumer Choices: Utility, Value, and Budget in Economics
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Witness Janice's decision-making process at a market, weighing perceived value against costs. Understand the dynamics of consumer choice in economics. Learn how maximizing utility and budget constraints affect purchasing decisions.
Contra Revenue Accounts: Adjusting for True Revenue in Accounting
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the unique role of contra revenue accounts in accounting, emphasizing their debit balance nature and their use in adjusting gross revenue. Explore examples like sales discounts, returns, and allowances to grasp their impact on a company's reported income.
Promissory Notes: Key Tool in Financial Transactions Explained!
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Understand the essence of a 'promissory note', its binding legal nature, and its significance in business dealings. Learn the dynamics between the maker and the payee and how such notes facilitate fluid financial operations.
Unlocking Supply: Factors Shaping Economic Supply Curves
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the factors influencing supply in economics in this informative video. Discover how various determinants, from production costs to market competition, impact supply curves. Uncover the essentials of supply dynamics without delving into complex jargon.
nderstanding Overhead Rates in Cost Accounting: Key Steps
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Understand the significance of the predetermined overhead rate in cost accounting. Learn the step-by-step process of estimating overhead costs, choosing the allocation base, and allocating these costs to products. Grasp the importance of accurate cost representation for effective decision-making.