Charmin toilet paper would be classified as which type of product?

A. Convenience
B. Shopping
C. Specialty
D. Unsought
E. Industrial service


Answer: A

Business

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After purchasing a fancy-cut diamond ring for his wife, Jason feels dissatisfied with his purchase as he feels that the ring was overpriced and poorly cut. Moreover, Jason feels that he should have selected the round brilliant-cut diamond rather than the fancy-cut diamond. In this scenario, Jason is experiencing

A. cognitive dissonance. B. impact bias. C. overregularization. D. belief-bias effect. E. psychosocial heurism.

Business

OLAP might process data from a _____.

A. non-relational database B. cloud database C. navigational database D. transactional database

Business

Give an example of a metaphor used to communicate a firm's value proposition

What will be an ideal response?

Business

Under the Robinson-Patman Act was it is legal to charge a different price for a product if

a. the items are the same b. the cost of doing business is less with one buyer over another c. Competition is lessened. d. All the above.

Business