Five situational influences have an impact on a consumer's purchase decision process. They are: purchase task, ________, physical surroundings, temporal effects, and antecedent states.

A. competitive offerings
B. motivation
C. social surroundings
D. core values
E. brand loyalty


Answer: C

Business

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______________________________ is the process by which assurance is provided through monitoring of automated controls and business events in real-time or near real time

Fill in the blank(s) with correct word

Business

Unlike the mercantilists, Adam Smith maintained that

a. trade benefits one nation only at the expense of another nation. b. government control of trade leads to maximum economic welfare. c. all nations can gain from free international trade. d. the world's output of goods must remain constant over time.

Business

Identify the multiple channel system in which channel members perform complementary functions, often for the same customer thereby allowing for specialization and better levels of performance

A) direct marketing system B) hybrid system C) vertical system D) horizontal system

Business

Using an established brand to introduce a new product is called brand ________

A) harmonization B) valuation C) extension D) positioning E) parity

Business