What does the theory of cognitive dissonance mean?
A) People tend to avoid information opposed to their own points of view.
B) People tend to seek out new information to decrease their dissonance.
C) People tend to seek out information that supports their own attitudes.
D) People tend to make social judgments about new information.
A
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Customers are not always able to tell you what products they want
Indicate whether the statement is true or false
Mary Co exchanged a piece of equipment that had cost $40,000 (now 75% depreciated) for a truck with a current appraised value of $18,000. Mary Co gave the other company the piece of equipment, which had a fair value of $12,000 at the time of the exchange, and $10,000 cash. Mary Co should record
A) a $8,000 loss B) a $4,000 loss C) a $2,000 loss D) a $2,000 gain
Jim is a manager of a restaurant. He is very concerned with efficiency and goal accomplishment as well as very intent on making employees happy through lots of participation and open-mindedness.
A. Jim is a compromiser. B. Jim is an impoverished leader C. Jim is a high-high style leader. D. Jim is low in initiating structure and high in consideration.
The MOTO sector of the retail industry is most similar to the ________ sector.
A. specialty stores B. general merchandise C. online retail sales D. consumer durables