Consumer behavior that results from consumer socialization, passage through the family life cycle, and decision-making within the family or household is referred to as ________ influence.
A. demographic
B. reference group
C. psychographic
D. family
E. personal
Answer: D
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Answer the following statements true (T) or false (F)
1) A static budget is prepared for only one level of sales volume. 2) A favorable variance reflects a decrease in operating income. 3) A variance is the difference between an actual amount and the budgeted amount. 4) A static budget presents financial data at multiple levels of sales volume. 7) A flexible budget summarizes revenues and costs for various levels of sales volume within a relevant range.
Harrison, Inc, has computed direct labor standards for the manufacture of its product to be 4 hours of labor per product at a cost of $15 per hour. During March, Harrison produced 45 products in 190 hours and incurred direct labor costs of $2,720 . Harrison's direct labor efficiency variance was
a. $20 (U). b. $130 (U). c. $150 (U). d. $130 (F).
A bilateral contract is one in which both parties have made promises to perform
a. True b. False
Common types of persuasive requests include:
a. claim messages and requests for special favors and information. b. requests for information. c. invitations to special events. d. thank-you messages.