______ is the tendency to remember recent information better than earlier information.

A. Stereotyping
B. Self-serving bias
C. Fundamental attribution bias
D. Selective perception
E. The recency effect


E. The recency effect

The recency effect is the tendency to remember recent information better than earlier information, perhaps because when you activate your recall, the later recollections are still present in working memory.

Business

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Identify the multiple channel system in which channel members perform complementary functions, often for the same customer thereby allowing for specialization and better levels of performance

A) direct marketing system B) hybrid system C) vertical system D) horizontal system

Business

Price must be greater than cost in order for the firm to generate revenue

Indicate whether the statement is true or false

Business

Research data for a recommendation report may come from

A) surveys and interviews. B) websites. C) electronic sources. D) all of the above.

Business

Which of the following describes the cash budget?

A) It aids in planning to ensure the company has adequate inventory and cash on hand. B) It captures the variable and fixed expenses of the business. C) It depicts the breakdown of sales based on terms of collection. D) It helps in planning to ensure the business has adequate cash.

Business