The vast array of products that consumers buy can be classified on the basis of shopping habits and are broken down into four main areas. List these four main classifications of consumer goods and explain what elements are included within
What will be an ideal response?
The four main areas are: (1 ) Convenience goods are bought frequently, immediately, and with a minimum of effort; (2 ) shopping goods are goods that the consumer characteristically compares on such bases as suitability, quality, price, and style; (3 ) specialty goods have unique characteristics or brand identification for which a sufficient number of buyers are willing to make a special purchasing effort; and (4 ) unsought goods are those goods that the consumer does not know about or does not normally think of buying.
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LANs, WANs, and MANs all provide users with an accessible and reliable network infrastructure. Which of the following are the most important network differentiating dimensions?
A. Reliability and timing B. Confidentiality and performance C. Security and cost D. Cost and performance
Janice was questioned recently about her department's spending in excess of the budget. This is an example of using the budget for performance measurement.
Answer the following statement true (T) or false (F)
Dezire Travel Services provided the following information:
Direct labor rate: $80 per hour Predetermined allocation rate for indirect costs: $18 per direct labor hour If Dezire records revenue of $1,600 for a job requiring 10 hours of direct labor, then Dezire will make a profit of $800.
The "fight back" technique refers to
a. learning to cope with the lack of things you are accustomed to such as central heating or air conditioning. b. making disparaging remarks about the culture you are visiting during the second stage of cultural shock. c. developing behaviors of drinking or drug use during the second stage of cultural shock. d. the third phase of cultural shock when you begin to accept the new culture.