Walter Lippmann described the "triangular relationship" to depict the role of mass media in forming the "pictures in our heads." Which one of the following best summarizes his view of mass media impact?

A. Children are sitting targets for the three big sources of influence—television, tools, and temptation.
B. As a high-involvement medium, television produces a "see–learn–feel–do" sequence.
C. Most of us experience events, things, people, and places directly, thereby minimizing the effects of mass media.
D. Responses based on our perceptions of the scene of the action have little consequence because they are just that, perceptions.
E. Responses based on our perceptions of the scene of the action have impact on the original scene of the action.


E

Business

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There are more businesses organized as corporations than as sole proprietorships and partnerships in the United States

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

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How much would Roderick have after 6 years if he has $500 now and leaves it invested at 5.5% with annual compounding?

A. $591.09 B. $622.20 C. $654.95 D. $689.42 E. $723.89

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Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure that has 70 percent debt with a pretax borrowing cost of 14 percent and 30 percent common equity. Compute the revised equity beta for Zonk based on the new capital structure

a. 4.35 b. 4.77 c. 4.34 d. 3.91

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In the context of service quality, which of the following statements is true of reliability?

a. It involves providing prompt service to customers. b. It involves being caring and paying individualized attention to customers. c. It refers to the knowledge and courtesy of employees. d. It is performing the service right the first time.

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