Explain how consumers can learn about products without deliberately setting out to do so
What will be an ideal response?
Marketing messages typically attempt to teach consumers something about a product, whether a positive association with a product through classical conditioning, a sense of reward when using the product through operant conditioning, or an observation about a desired state achieved by the product through observational learning.
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The big bang method
a. is more ambitious than the phased-in method. b. has been associated with many failures. c. both a. and b. d. neither a. nor b.
Wichita, Inc., had reported the following amounts on its financial statements prepared as of the end of the current accounting period: Revenues$210,000? Expenses 174,800? Net income $35,200? Current assets$55,000? Long-term assets 165,000? Total assets $220,000? Current liabilities$30,000? Long-term liabilities 85,000? Total liabilities $115,000? Common stock$45,000? Retained earnings 60,000? Total equity $105,000? Total liabilities equity $220,000? What is the company's debt-to-assets ratio?
A. 8% B. 52% C. 16% D. 40%
The owner of an amusement park has decided to open a second entry booth and hire another employee to service customers entering the park. Customers arrive at the rate of 20 per hour and will wait in a single line until one of the two employees is available to provide service. The average service time of both employees is 2 min to provide service. The arrival rate follows Poisson distribution, and the service time follows a negative exponential distribution. It is estimated that the cost of customer waiting time associated with dissatisfied customers and loss of goodwill is $20 per hour. The employee at the service booth is paid $10 an hour. Determine the total expected cost per day for the waiting line system. Assume total hours of operation as 10 hr per day.
A. $226.67 B. $245.67 C. $216.67 D. $234.21
Structural diagrams are used to show the interaction between people and a use case
Indicate whether the statement is true or false