Which type of trust can be explained as people rely on factual information, such as someone’s past experience and track record as a basis for trust?

What will be an ideal response?


Cognition-based trust

Business

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With the ________, the consumer chooses the best brand on the basis of its perceived most important attribute

A) lexicographic heuristic B) conjunctive heuristic C) elimination-by-aspects heuristic D) availability heuristic E) representativeness heuristic

Business

Which of the following is a measurement method that reflects historical value?

A) ?Fair value B) ?Acquisition cost C) ?Replacement cost D) ?Net realizable value

Business

A check authorization would be prepared after a receiving report

Indicate whether the statement is true or false

Business

Tess, a tenant, moves from her apartment in breach of the lease agreement. The landlord, Lenny, may not attempt to rent the apartment until the date of the lease expiration, and so has no recourse to minimize damages

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

Business