What is ethnography?

a. Data collection done through participant observation and interviews in a customer’s
context of use
b. The study of what encourages people to buy
c. Data collection done through internet surveys
d. The study of product placement


a. Data collection done through participant observation and interviews in a customer’s
context of use

Business

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Which verbal support breaks down complex processes or concepts into their component parts to ensure understanding?

A) de?nitions B) analyses C) descriptions D) comparisons

Business

An intersection or junction point of a decision tree is called a(n)

A. node. B. stem. C. intercept. D. branch.

Business

Why are demographic factors the most popular bases for segmenting customer groups?

What will be an ideal response?

Business

A firm using FIFO had a beginning inventory of $48,000, an ending inventory of $56,000, and a pretax income of $400,000 . If it had used LIFO, its beginning inventory would have been $20,000, its ending inventory would have been $16,000, and its pretax income would have been:

a. $374,000 b. $388,000 c. $396,000 d. $404,000 e. $412,000

Business