Pluto Inc., a dairy products manufacturer, recognizes that many customers are passive learners and are generally averse to active information seeking. In order to reach out to these customers, the company incorporated jingles and slogans in its ads. In this scenario, Pluto is assuming that customers make purchases based on the ________ hierarchy.

A. information processing
B. low-involvement
C. standard learning
D. dissonance/attribution
E. habit formation


Answer: B

Business

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Many corporations around the world practice the ‘family’ type culture of Gypsy Tigers, whereby employees are not pressured to perform at very high levels – instead, moderate performance is accepted as the norm. From a performance management perspective, what are the advantages/disadvantages of such practices?

What will be an ideal response?

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Any "person"-defined as including corporations-may be a debtor in a liquidation proceeding.?

Indicate whether the statement is true or false

Business

Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$ 940Direct labor cost$ 2,240The unit product cost for Job X455 is closest to:

A. $198.60 B. $49.65 C. $159.00 D. $86.60

Business

Christopher invests $400 today at a 4% rate of return which is compounded annually. What is the future value of this investment after four years?

A) $342 B) $416 C) $464 D) $468

Business