If a consumer is shopping for a smart phone, all of the smart phone options available in the market — whether a consumer knows about them or not — is called the ________ set

A) awareness
B) total
C) consideration
D) choice
E) inept


B

Business

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Pricing obstacles refer to situations in which the pricing policies for a product lead to an increase in variability of orders placed

Indicate whether the statement is true or false.

Business

The UCL and LCL for an chart are 25 and 15 respectively. The central line is 20, and the process variability is considered to be in statistical control. The results of the next six sample means are 18, 23, 17, 21, 24, and 16. What should you do?

A) Nothing; the process is in control. B) Explore the assignable causes because the second, fourth, and fifth samples are above the mean. C) Explore the assignable causes because there is a run. D) Explore the assignable causes because there is a trend.

Business

Under the UPA, if a partner makes a loan to the partnership, he will be in the same position as other creditors who are not partners in requesting repayment upon dissolution

Indicate whether the statement is true or false

Business

In budgeting, it is useful to compare ________ with the budgeted amounts to determine the accuracy or error of the budget and adjust it as necessary

A) actual inflows B) actual outflows C) both actual inflows and outflows D) current assets

Business