In national culture, institutional and geographical factors influence the way in which people interact with their environment and each other. These factors influence the way people think. Therefore, they condition people’s ______.

A. equilibrium
B. mental programming
C. religion
D. ideology


B. mental programming

Business

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Evanston Cable Television has decided to offer a one-hour appointment window for customers needing installation or repair of its service, which will require them to have several technicians on call. Evanston hopes this practice will give them an advantage over the competition, none of whom have adopted such a practice. It is introducing a(n) ______ change.

A. reactive B. innovative C. activist D. adaptive E. radically innovative

Business

Which statement is not correct concerning international marketing and the use of comparative scaling techniques?

A) Opinion formation may not be well crystallized. B) In some developing countries, preferences can be best measured by using ordinal scales. C) Respondents in many developed countries, due to higher education and consumer sophistication levels, are quite used to providing responses on interval and ratio scales. D) None of the above statements are incorrect.

Business

The UCC imposes special business standards on casual and inexperienced sellers and buyers.

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

Business

Kingston Specialty Corporation manufactures joint products P and Q. During a recent period, joint costs amounted to $80,000 in the production of 20,000 gallons of P and 60,000 gallons of Q. Kingston can sell P and Q at split-off for $2.20 per gallon and $2.60 per gallon, respectively. Alternatively, both products can be processed beyond the split-off point, as follows: PQSeparable processing costs$15,000 $35,000 Sales price (per gallon) if processed beyond split-off$3 $4 The joint cost allocated to Q under the relative-sales-value method would be:

A. $64,000. B. $40,000. C. $62,400. D. $65,600. E. None of the answers is correct.

Business