An individual knows that a product exists, but has little information regarding the product and does not seek additional information. In what stage of the product adoption process is that person?
A. Trial
B. Adoption
C. Interest
D. Awareness
E. Evaluation
Answer: D
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Stocks whose prices tend to increase when the economy is in an expansionary stage and decline during a contractionary stage are called:
A. cyclical stocks. B. defensive stocks. C. speculative stocks. D. income stocks. E. tech stocks.
______ help(s) us to coordinate our behavior and the norms and rules we live by.
A. Attitudes B. Culture C. Family D. Beliefs
Information captured by a management information system allows managers to do all of the following except
a. determine accurate product or service costs. b. improve processes. c. provide timely feedback. d. satisfy all customer inquiries.
________ are the terms of sale offered by different suppliers in response to the purchase specifications posted by the buyer.
A. Purchasing rebuys B. Requisitions C. Legal bonds D. Competitive bids E. Auctions