Information search involves generating a list of alternative goods and services and _____
a. determining perceived risk levels
b. judging impulse goods
c. determining the characteristics of each alternative
d. evaluating stimuli
Answer: c. determining the characteristics of each alternative
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Answer the following statements true (T) or false (F)
1. A mission statement expresses what the organization should become and where it wants to go strategically. 2. Amazon's statement in which it states its desire "to be the earth's most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online" is a mission statement. 3. Strategic planning determines goals for an organization for a period of 1-5 years. 4. Tactical planning is done by first-line managers, who look forward to the next 1-8 weeks.
Pessimistic workers are often productive because they assume that something will go wrong and therefore prepare to prevent unfortunate circumstances
Indicate whether the statement is true or false.
Generally, an assignment must be in writing and signed by both parties
Indicate whether the statement is true or false
The minimum wage was established by Congress but is increased through judicial decisions
Indicate whether the statement is true or false