A person who purchases flowers will select different floral arrangements for a retirement party, a funeral, and a Valentine's Day date. This illustrates the impact of ________ on purchase decisions.

A. psychological variables
B. the purchase situation
C. extensive problem solving
D. economic needs
E. social influences


Answer: B

Business

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After training, ______ evaluations are designed to determine whether or not the trainee’s on-the-job behaviors changed as a result of the training.

A. emotional B. career C. behavior D. ability

Business

Which of the following statements is false regarding regression analysis?

A) It is used to predict the fixed and variable components of a mixed cost. B) It is used to predict whether a cost is a product or a period cost. C) It is usually more accurate than the high/low method. D) It uses statistical methods to fit a cost line through a number of data points.

Business

The smaller the cost of a benefit category, the greater the opportunity for savings.

Answer the following statement true (T) or false (F)

Business

Kari, a real estate agent, assures Linc that a certain parcel of commercial property fronts on the most highly trafficked street in Metro City. Linc buys the property and then discovers that the street has no more traffic than any other in its vicinity. Lincis most likely a victim of

a. opinion. b. fraud. c. mistake. d. nothing.

Business