_____ is an orderly series of stages in which consumers' attitudes and behavioral tendencies change through maturity, experience, and changing income and status.
A. Socialization
B. The wheel of consumerism
C. The family life cycle
D. Lifestyle consumption
E. Acculturation
Answer: C
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Treasury stock or treasury shares are shares a firm has previously issued and later reacquired. Which of the following is/are true?
a. Some firms believe that their own shares provide a good investment. b. Evidence supports the notion that share prices often increase after a firm announces a share repurchase program. c. Share repurchases reduce common shareholders' equity and increase the proportion of debt in the capital structure, making the firm more risky and therefore less attractive to an unfriendly bidder. d. Some firms even borrow cash to repurchase shares, which affects the debt ratios even more than using already available cash to reacquire shares. e. all of the above
Wikipedia encouraging its users to edit and update its free online encyclopedia is an example of:
a. patronage b. equity c. crowdfunding d. crowdsourcing
An employee accidentally overstated the year's advertising expense by $50,000. Which of the following correctly depicts the effect of this error?
A. Cost of goods sold will be overstated by $50,000. B. Both cost of goods manufactured and cost of goods sold will be overstated by $50,000. C. Cost of goods manufactured will be overstated by $50,000. D. Cost of goods sold will be overstated by $50,000, and cost of goods manufactured will be understated by $50,000. E. None of the answers is correct.
If you make an error in mailing, you may not be able to recall it
Indicate whether the statement is true or false.