Mercury Solar Systems uses a video on their web site to show how solar power can be converted to electricity in a home using a photovoltaic system. The video format is used as a(n) _____ format because the average consumer may perceive the product as highly technical.
A. influencer
B. persuasive
C. reminder
D. reseller
E. informative
Answer: E
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Which of the following budgets needs to be prepared prior to preparing an inventory purchases budget?
A. Sales budget B. Selling and administrative expense budget C. Cash budget D. All of the answers are correct.
______ represent(s) all the ways people are unlike and alike.
A. Lifestyle B. Dimensions C. Background D. Conditions E. Diversity
A rise in the price of imports or a fall in the price of exports will
a. improve the terms of trade. b. worsen the terms of trade. c. expand the production possibilities frontier. d. contract the production possibilities frontier.
While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________
A) countries in which the company feels comfortable with the language, laws, and culture B) countries that are located close C) countries that the home country's management team have visited D) countries that have no trade barriers E) countries with good infrastructure and stable political environment