Measuring memory for marketing stimuli is often difficult. Discuss the differences between recognition and recall. Give examples of methods for testing each form. Which one is thought to be the more reliable measure of memory?

What will be an ideal response?


Two basic measures of impact are recognition and recall. In the typical recognition test, subjects are shown ads one at a time and asked if they have seen them before. In contrast, free recall tests ask consumers to independently think of what they have seen without being prompted for this information first. Obviously, this task requires greater effort on the part of respondents. Under some conditions, these two memory measures tend to yield the same results, especially when the researchers try to keep the viewer' interest. Generally, though, recognition scores tend to be more reliable and do not decay over time the way recall scores do. Recognition scores are almost always better than recall scores because recognition is a simpler process and more retrieval cues are available to the consumer.

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Auro Inc., a manufacturer of lawn mowers, sells a lawn mower model both to retail chain Streetmart and to standalone store Lawnworks in the town of Bayside. Auro sells the model to Streetmart at $5 less per unit than it sells to Lawnworks as Streetmart buys more mowers. Streetmart's retail prices are therefore lower than those of Lawnworks. Which of the following statements is true of this case?

A. Auro is in violation of the provisions of the Parker Doctrine. B. Auro is in violation of Section 2(a) of the Robinson-Patman Act. C. Auro is in violation of Section 3 of the Clayton Act. D. Auro is in violation of the Noerr Doctrine.

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In ____________________ analysis, each financial statement line item is expressed as a percent of a base year, which is typically the earliest year shown

Fill in the blank(s) with correct word

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By the operation of law, the occurrence of certain events will automatically terminate an agency relationship

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

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Daily usage of a part is 20 in a facility that operates 250 days of the year. Setup cost is $20 and annualized carrying cost is $210. Production of this part occurs at the rate of 50 per day when production of the part is underway

Lead time is 1 day; safety stock is 1/2 day's production. What is the optimum kanban size, and number of kanbans?

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