Explain the cultural factors that influence consumer behavior
What will be an ideal response?
Culture is the most basic cause of a person's wants and behavior. Each culture contains smaller subcultures, or groups of people with shared value systems based on common life experiences and situations. Subcultures include nationalities, religions, racial groups, and geographic regions. Many subcultures make up important market segments. Social classes are society's relatively permanent and ordered divisions whose members share similar values, interests, and behaviors. Unlike nationality or ethnic subculture, social class is determined by a combination of many variables, such as occupation, income, education, and wealth. Social scientists have identified seven social classes within the American culture, ranging from upper class to lower class.
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According to the text, accepting the alternative hypothesis will lead to changes in opinions or actions
Indicate whether the statement is true or false
General requirements for exempt status include the organization serving the common good and the organization being a not-for-profit entity.
Answer the following statement true (T) or false (F)
The computation of the additional shares to be issued on the exercise of stock options assumes that the firm would repurchase common shares on the open market using an amount equal to the sum of all the following except:
a. any cash proceeds from such exercise b. net incremental shares issued c. any unamortized compensation expense on those options d. any tax benefits that would be credited to additional paid-in capital
__________compete on the basis of low prices, high turnover, and high volume
Fill in the blanks with correct word.