An example was given in the text of a world-famous violinist, Josh Bell, being wildly popular in concert but not even recognized by concertgoers when in a subway station. Relate the example to the three main factors that influence perception.
What will be an ideal response?
The perceiver idea states that perceptions are shaped by past experiences,
culture, attitude, values, upbringing, and more. The subway patrons may have had a
negative attitude about the ability of street performers, therefore they assumed he could
not play as well as he did. The environment means that the context or setting also
affects the perception process. The person remained the same, but the situation or
context had changed, which in turn influenced the perception of him. The focal object
means that he did not stand out from all of the other street musicians, therefore no one
noticed his mastery level of the violin.
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Exhibit 20-3 On January 1, 2016, Quinn Company enters into a five-year sales-type lease with Andy Company. The lease requires Andy to make five annual payments at the beginning of the year, with the first payment due January 1, 2016. The lease includes a bargain purchase price of $10,000. Quinn requires a 10% rate of return. The cost to Quinn of the property is $100,000, and it has a fair value
of $150,000. Present value factors for a 10% interest rate are as follows: Present value of $1 for n = 1 0.909091 Present value of $1 for n = 5 0.620921 Present value of an ordinary annuity for n = 5 3.790787 Present value of an annuity due for n = 5 4.169865 ? Refer to Exhibit 20-3. What is the amount of sales revenue to be recognized by Quinn on January 1, 2016,? A) $143,791 B) $150,000 C) $50,000 D) $0
What are the primary sources of value to IWPI-U.S. in establishing a Spanish subsidiary?
What will be an ideal response?
_____ is a manufactured good recovery option in which a physical good is disassembled and the parts or the scrap materials are sold to other suppliers
a. Refurbishing b. Repairing c. Recycling d. Cannibalizing
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,300 client-visits, but its actual level of activity was 3,290 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $35.40 Personnel expenses$29,500 $10.40Medical supplies 1,200 5.80Occupancy expenses 7,600 1.90Administrative expenses 5,900 0.30Total expenses$44,200 $18.40 Actual results for November: ?Revenue$116,656 Personnel expenses$63,686?Medical supplies$21,072?Occupancy expenses$13,371?Administrative expenses$6,677???The spending variance for medical
supplies in November would be closest to: A. $732 U B. $790 U C. $790 F D. $732 F