What are the disadvantages associated with investing directly in real estate?
A) Increasing property taxes and insurance costs
B) Large investment of time and energy required
C) Illiquidity
D) All of the above are correct.
E) Only A and C are correct.
Answer: D
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__________ is the tendency for people with strong prior beliefs, when confronted with a choice, to make their decisions based on their beliefs even if their beliefs are false.
A. Prior-hypothesis bias B. Narrow-minded perception C. Tunnel vision bias D. The curse of knowledge E. Single-vision stereotyping
Christopher, the president of Fruit Fresh Direct, noticed that the majority of managers were men. This scenario seems to address which issue described in the textbook?
A. gender inequality B. time achievement C. improvement of organization success D. personality advancement
Global companies have five strategies for matching products and their promotion efforts to global markets. Designing a product to serve the unmet needs of a foreign nation is which type of global marketing product and promotion strategy?
A. product adaptation B. product invention C. product integration D. product customization E. product extension
The rise of Japan as a manufacturing power in the 1970s resulted in the creation of:
a. Virtual teams b. Individualized work processes c. Increased organizational hierarchy d. T-groups e. Quality circles