Caleb only watches Fox News because he disagrees with more liberal political views and believes all other news outlets are fake news. Caleb has a confirmation bias when it comes to news.
Answer the following statement true (T) or false (F)
True
Confirmation bias is the nonconscious tendency for people to screen out information that is contrary to their decisions, beliefs, values, and assumptions.
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It is possible to use psychographics to identify distinct segments even for mundane products such as soap
Indicate whether the statement is true or false
Under U.S. law, a(n) ___________duty is levied when the U.S. Department of Commerce determines a class or kind of foreign merchandise is being sold at less than fair value (LTFV).
a. dumping b. antidumping c. margin of dumping d. below-cost sales
By using a predetermined overhead rate and an allocation base, such as direct labor dollars or hours, one can assign overhead costs by debiting the Overhead account and crediting the Work in Process Inventory account
Indicate whether the statement is true or false
Which of the following is the first element of knowledge needed by a company wanting to pursue total quality management
a. whats the company's customers want. b. how the company's processes are designed. c. What the components of the company's product are. d. who the company's customers are.