________ occurs when people's expectations or predictions play a causal role in bringing about the events they predict.
A. Attribution
B. The fundamental attribution error
C. Double-loop learning
D. The self-fulfilling prophecy
Answer: D
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Which of the following examples are ways in which persons are vulnerable as consumers because they are vulnerable in some more general sense?
A. Elderly persons vulnerable to injuries and illnesses might be compelled to make consumer choices based on fear or guilt. B. An inner-city resident who is poor, uneducated, and chronically unemployed is unlikely to weigh the consequences of using drugs or alcohol. C. A person afflicted with a medical condition or disease might feel fear associated with the condition that can lead to uninformed consumer choices. D. A grieving family member might make choices for funeral services based on guilt or sorrow. E. All of the answers are correct. F. None of the answers are correct.
Explain competition-based pricing
What will be an ideal response?
Use this information to answer the following question. Oct. 1 Inventory 200 units @ $12.00 6 Purchase 300 units @ $13.20 13 Purchase 100 units @ $14.40 20 Purchase 200 units @ $15.60 25 Purchase 40 units @ $16.80 Total sales 620 units A periodic inventory system is used. Using LIFO, the cost assigned to ending inventory is
A) $3,480. B) $8,112. C) $2,664. D) $8,928.
A manager listens to his boss telling him of a time he tried to implement change and failed because he did not involve his employees. The manager thinks to himself ‘when I implement change I’m going to involve my employees in the decision!’ This scenario is an example of Fulop and Rifkin’s (1999) concept of ______________.
a. Learning by doing b. Stories c. Copycatting d. Popular accounts