Relate the example used in the textbook about the world famous violinist Joshua Bell, disguised as a street musician, to the three main factors that influence perception?
What will be an ideal response?
*The perceiver idea states that Perceptions are shaped by past experiences, culture, attitude, values,
upbringing, and more
*The subway patrons may have had a negative attitude about the ability of street performers, therefore
they assumed he could not play as well as he did
*The environment means that the context or setting also affects the perception process
*The person remained the same, but the situation or context had changed, which in turn influenced the
perception of him
*The focal object means that he did not stand out from all of the other street musicians, therefore no one
noticed his mastery level of the violin
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A business has a market demand of 300,000 units at a market share of 20%. The price per unit and variable cost per customer are $25 and $10, respectively
If the net marketing contribution of the business is $450,000, calculate the total marketing and sales expenses incurred by the business. A) $250,000 B) $160,000 C) $520,000 D) $300,000 E) $450,000
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took the customers in the sample to check out was 3.1 minutes. The population standard deviation is known to be 0.5 minute. We want to test to determine whether or not the mean waiting time of all customers is significantly more than 3 minutes. The p-value is _____
a. .025 b. .0456 c. .05 d. .0228
The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, $350; employee with one dependent, $450; employee with multiple dependents, $550. The Mighty Machinery
Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month $40 from an employee without dependents, $80 from an employee with one dependent, and $100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of $300 per year for an employee with no dependents, $450 per year for an employee with one dependent, and $600 per year for an employee with multiple dependents. The organization pays 80% of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. Adams and his spouse are covered by Mighty Machinery Company's health plan. Compute the total amount of money paid to the insurance company last year by Adams and the Mighty Machinery Company for Adams' health insurance coverage.
The Food, Drug, and Cosmetic Act is a federal statute that ________.
A. covers all food products including poultry and processed meat B. regulates the sale of foods, drugs, cosmetics, and medicinal devices C. implements the Federal Meat Inspection Act, enacted in 1906 D. protects the public by providing greater medical coverage from food-related illnesses