Which of the following is best defined as a group whose presumed perspectives or values are used by an individual as the basis for his or her judgments, opinions, and actions?
A. cultural sect
B. alpha-consumer group
C. focus group
D. demographic group
E. reference group
Answer: E
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A salesperson calling on supermarkets to take repeat orders is called an order taker
Indicate whether the statement is true or false
The statement of cash flows consists of two sections: cash flows from operating activities and cash flows from financing activities
Indicate whether the statement is true or false
Leadership comes from and is received by all members of the team in which form of leadership?
a. External leadership b. Individual team self-leadership c. Shared leadership d. Team self-leadership
ABC operates a factory in the United Kingdom. Because the company’s existing factory doesn’t have the capacity to meet the future demands, it is considering various options. Consider the payoff matrix that shows the payoff for each combination of decision and state of nature. Determine the best alternative using the Laplace criterion solution. Assume equal likelihood for low demand and high demand.
a. Expand current facility.
b. Build small factory.
c. Build large factory.
d. Determine a new alternative.