________ is a ranking of individuals into harmonized groups based on demographic characteristics such as age, education, income, and occupation.

A. Household life cycle (HLC)
B. Reference group
C. Social class
D. Classical conditioning
E. Operant class


Answer: C

Business

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Rhoads Corporation is authorized to issue 250,000 shares of $50 par, 10%, noncumulative, nonparticipating preferred stock and 5,000,000 shares of no-par common stock. Prepare journal entries to record the following selected transactions that occurred during this year: Feb. 1Issued 10,000 shares of common stock for $30 cash per shareFeb. 15Exchanged 2,000 shares of preferred stock for equipment and merchandise inventory with market values of $80,000 and $30,000, respectively.

What will be an ideal response?

Business

“The norm of reciprocity . . . often elicits compliance.” What does that statement mean, and how does it relate to interpersonal communication?

What will be an ideal response?

Business

The total costs that will be transferred into the Finished Goods Inventory account during the current period are

a. $144,768. b. $180,050. c. $164,736. d. $160,080.

Business

Before beginning the marketing research process, a company should do which of the following?

A) develop consumer insights B) follow a formal process to determine whether research is warranted C) formulate the research question D) identify existing sources of information E) select a research design

Business