Which of the following statements is true about the trends prevalent among various ethnicities in the ethnic markets?
a. African Americans are on average older than all other ethnic groups.
b. Women are the primary decision makers in the majority of Hispanic households.
c. Asian Americans retain strong core values as they acclimate to American culture.
d. Asian Americans have the least spending power than any other minority group.
ANSWER: c
In the past fifty years, Asian American assimilation has proceeded without much of the turbulence faced by other immigrant groups. One reason for this easy transition is that Asian Americans retain strong core values as they acclimate to American culture.
You might also like to view...
Which of the following is an objective of internal control?
A) to encourage employees to follow company policies B) to ensure timely payment of accounts payable C) to ensure timely collection of accounts receivable D) to guarantee that a business makes a profit
If a report uses secondary research sources, a(n) _____ should be included in the report to list the secondary sources
A) glossary B) executive summary C) reference D) title page E) table of content
The organic clothing company PACT designs, manufactures, and distributes premium cotton underwear without using pesticides, fertilizers, or chemicals. PACT is an example of:
a. a nonprofit venture b. a social purpose venture c. a tech start-up d. a government organization
A company facing an interest rate of 8% must choose among projects offering the following four-year cash flows. If the company is employing the net present value criterion, which project should they choose?
A) $25,000 in year 1; $15,000 in year 2; $10,000 in year 3; and $5,000 in year 4 B) $5,000 in year 1; $5,000 in year 2; $20,000 in year 3; and $30,000 in year 4 C) $15,000 in year 1; $15,000 in year 2; $15,000 in year 3; and $15,000 in year 4 D) $5,000 in year 1; $5,000 in year 2; $25,000 in year 3; and $25,000 in year 4