Between classes, many college students stop at conveniently located vending machines for their favorite candy bars and soft drinks. Their choices are generally made quickly and with little or no effort to consider alternative product offerings. These college students are most likely involved in ________ problem solving purchase situations.

A. limited
B. routine
C. extensive
D. unlimited
E. intensive


Answer: B

Business

You might also like to view...

Consider the standard dynamic model of money in which the economy is in a steady state with constant levels of output, inflation, and the nominal interest rate. Suppose initially that the steady-state nominal interest rate is 4 percent, the steady-state inflation rate is 2% percent, and the growth rate of the money supply is 2 percent. How will an unanticipated permanent decline in the growth rate of the money supply to 0 percent affect the level of output, the inflation rate, and the nominal interest rate?

What will be an ideal response?

Business

The cost of capital can be generally defined as the rate of return expected by anyone who provides capital to a company (e.g., an investor or a bank). How can a financial statement audit reduce the cost of capital for a company?

What will be an ideal response?

Business

Segmentation based on where prospective consumers live, work, and spend their leisure time is referred to as

A. geographic segmentation. B. regional segmentation. C. demographic segmentation. D. residential segmentation. E. proximity segmentation.

Business

An assignment is effective but not necessarily enforceable from the moment it is made, regardless of whether the assignor notifies the obligor

a. True b. False Indicate whether the statement is true or false

Business