Why is it so important to understand perception when looking at behavior in business?
What will be an ideal response?
*People act not upon the basis of reality, but upon their perceptions of reality
*In other words, we tend to interpret events differently from what actually happens in our
environment;therefore, understanding perception is a critical part of understanding behavior
*In the workplace, the way we are perceived and the ways in which we perceive others are crucial for
career progress, and for building our relationships
* If other peoples perceptions of us are different from that of our own perception then that could positively
or negatively affect our success
* We can gain an understanding of how we come across, which in turn can allow us to change how others
perceive us, and therefore can change their behavior
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A net loss results in a decrease in
a. expenses. b. liabilities. c. stockholders' equity. d. assets.
An entrepreneur is looking for funds to form a prototype and pitch the product. Which of the following should NOT be considered at this stage?
a. crowdfunding b. family and friends c. personal loans d. venture capitalists
The steps in the adoption process are awareness, interest, evaluation, trial, decision, and confirmation.
Answer the following statement true (T) or false (F)
What percentage of North American content must a motor vehicle made in North America contain to qualify for duty-free treatment?
a. 90 percent b. 75 percent c. 87.5 percent d. 62.5 percent