Answered

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Ronnie walked into the electronics store and fell in love with a stereo speaker. The speaker cost $500. Since Ronnie only had $ 60, he decided to use his credit card to purchase the $500 speaker.


In two or more complete sentences explain whether or not Ronnie’s purchase is an example of an impulse purchase?

Sagot :

Answer:

This is an impulse purchase.

Step-by-step explanation:

He did not go to the store to buy that speaker. He had an inpulse to buy it when he saw it, even when he did not have enough money to purchase the speaker.

For instance, If he DID go to the store to buy that speaker, it would be a planned purchase, meaning he had the intentions of buying that speaker.

Answer:

Ok here is the answer!

Step-by-step explanation:

To say impulse purchase, the buyer should have less cash on his hand but willing to buy a commodity more than his cash. So the buyer will decide to add cash to his pocket using credit card and go to banks for withdrawal. Hope you get the answer!

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