When does personal influence carry the most weight?

What will be an ideal response?


Personal influence carries especially great weight when products are expensive, risky, or purchased infrequently, and when products suggest something about the user's status or taste. Thus, people often ask others to recommend a doctor, plumber, hotel, lawyer, accountant, architect, insurance agent, interior decorator, or financial consultant.

Business

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Valid evidence obtained in an audit for testing the cutoff of gross sales includes receiving reports for returned merchandise

a. True b. False Indicate whether the statement is true or false

Business

The ________ is a government regulation that is increasingly being used by companies for filing lawsuits against competitors they believe are making false claims.

A. Clayton Antitrust Act B. Lanham Act C. Robinson-Patman Act D. Federal Trade Commission Act E. Wheeler-Lea Amendment

Business

Patronage motives influence where one purchases products on a regular basis.

Answer the following statement true (T) or false (F)

Business

What does the upper-echelons theory propagate?

What will be an ideal response?

Business