Victoria has decided to try something from her “bucket list.” She has always wanted to swing from the high trapeze. However, she is disappointed to find out that before she can actually swing, she will have to watch her instructors for the first few days of the class. Her instructor explains that it is importent for the students to observe the experience of others to gain the swinging lesson knowledge. This is an example of which concept below?
a. Mimicry
b. Grafting
c. Scanning
d. Vicarious learning
d. Vicarious learning
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In a discounted cash flow analysis, which of the following would not be consistent with adjusting a project's cash flows to account for higher-than-normal risk?
a. increasing the expected amount for cash outflows b. increasing the discounting period for expected cash inflows c. increasing the discount rate for cash outflows d. decreasing the amount for expected cash inflows
A consumer's purchases are often influenced by the views, opinions, or behavior of others. Two important aspects of personal influence to marketing are
A. psychographics and demographics. B. lifestyle and motivation. C. word-of-mouth activity and psychographics. D. opinion leadership and word-of-mouth activity. E. personality and lifestyle.
Test marketing occurs when a new product is introduced in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users.
Answer the following statement true (T) or false (F)
A bank that draws a check on itself has issued
a. a special indorsement. b. a claim in recoupment. c. a certificate of depsosit. d. a cashier's check.