If a consumer purchases a new watch, the watch is a
A. homogeneous shopping product.
B. specialty product.
C. heterogeneous shopping product.
D. convenience product.
E. The watch could be any of these choices.
Answer: E
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Answer the following statements true (T) or false (F)
1.Voluntary export restraint agreements typically apply to all of the world's exporting nations rather than only the most important exporting nations. 2.For an export quota applied to manufactured goods, foreign exporters tend to capture only a negligible share of the quota's revenue effect. 3.When increases in nonrestraint supply offset part of the cutback in shipments that occur under an export quota, the overall inefficiency loss for the importing country is less than that which would have occurred in the absence of nonrestrained exports. 4.Export quotas, placed on Japanese auto shipments to the United States in the 1980s, led to rising prices of both Japanese autos and U.S.-produced autos purchased by the U.S. consumer. 5.During the 1980s, U.S. steel-using companies (Caterpillar) actively supported the U.S. government's negotiation of voluntary export agreements with foreign steel-exporting countries.
The individual’s knowledge that she or he belongs to certain social groups together with some emotional and value significance to them of this group membership is called ______.
A. nominal group technique B. social identity theory C. norms D. team cohesion
Compare and contrast the three classic paragraph plans discussed in your book. When would each be used?
Jane tells John that Ann was arrested for stealing a car. The story is entirely false. Ann is not a public figure. Which of the following torts has Jane committed?
a. Slander per se b. Ordinary Slander c. Libel d. None of the above