A consumer's level of motivation in making an external search depends on three factors. What are they?
What will be an ideal response?
1. level of involvement
2. need for cognition
3. level of shopping enthusiasm
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People who have a preference for the rational style tend to be impatient.
Answer the following statement true (T) or false (F)
Rayco Ski Shop purchased 500 pairs of skis from Skitron. Rayco is located in Colorado. Skitron's business is in Tennessee. The purchase order included the following term: "F.O.B. Colorado." The contract makes no mention of risk of loss or title. The contract can be described as a:
a. shipment contract. b. destination contract. c. bulk transfer. d. sale on approval.
Which of the following is the correct order of preparation of financial statements?
A) Income statement ? statement of retained earnings ? balance sheet ? statement of cash flows B) Statement of retained earnings ? balance sheet ? income statement ? statement of cash flows C) Balance sheet ? statement of retained earnings ? income statement ? statement of cash flows D) Balance sheet ? income statement ? statement of retained earnings ? statement of cash flows
Which of the following characteristics is not true for the exponential distribution?
A) It is discrete probability distribution. B) It is also called the negative exponential distribution. C) It is used in dealing with queuing problems. D) It is used to describe the times between customer arrivals. E) The variance is the square of the expected value.