Research of _____ confirms that information presented early in a sequence affects judgments made later.
A. hindsight bias
B. order-effects
C. belief updating
D. stereotype
B. order-effects
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Which of the following is most likely true about business legislation?
A) Business laws are enforced only in international markets and not in local markets. B) Business laws fail to prevent unfair competition among the different companies in a market and tend to encourage monopolies. C) Business laws usually remain constant over time. D) Local, national, and state business laws rarely overlap with one another. E) Business laws that are enforced by government agencies have a major impact on a company's marketing performance.
Fred Wiersema's book The New Market Leaders states that marketers will continue to have more power than customers in both B2B and B2C markets.
Answer the following statement true (T) or false (F)
An investment project with a project profitability index of 0.04 has an internal rate of return that is less than the discount rate.
Answer the following statement true (T) or false (F)
Select the incorrect statement regarding costs and expenses.
A. Some costs are initially recorded as expenses while others are initially recorded as assets. B. Manufacturing-related costs are initially recorded as expenses. C. Expenses are incurred when assets are used to generate revenue. D. Non-manufacturing costs should be expensed in the period in which they are incurred.