Subgroups within the larger, or national, culture with unique values, ideas, and attitudes are referred to as
A. social classes.
B. normative groups.
C. reference groups.
D. subcultures.
E. families.
Answer: D
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Dawn flies regularly between Atlanta and Los Angeles. She almost always uses Delta Airlines and has lots of Delta Sky Miles credit (Delta's frequent-flyer program). Still, she uses an online fare comparison website each time to see if a competitor has a better price or a more convenient schedule. Dawn uses ________ to decide which airline to fly.
A. social factors B. temporal factors C. a compensatory decision rule D. habitual decision making E. a noncompensatory decision rule
The three major types of business activities are operating, financing, and investing.
Answer the following statement true (T) or false (F)
What are the problems associated with the use of a cost-based pricing strategy? What contribution does cost make to the setting of prices?
What will be an ideal response?
Robin works as a human resource manager for Banes & Obel. The company asks Robin to ensure that all suitable candidates including women and minorities are interviewed for open positions, but instructs her to not hire any minority applicants. When Robin reminds her supervisor that Title VII prohibits race discrimination she finds herself being removed from the interview process and all tasks
related to the hiring process. In the above case, Banes & Obel:? A) ?has not violated Title VII since there was no discrimination during the interview process. B) ?has not violated Title VII if they can prove the open positions in the organization were not suitable for minority candidates. C) ?has clearly violated Title VII by instructing Robin to not hire minority applicants. D) ?has not violated Title VII since Robin is no longer part of the decision-making process.