ST
Sandy Torres
Answers (6)
ST
Answered
Which of these is the tendency of individuals and organizations to get locked into losing courses of action because quitting is personally and socially difficult?
A) Escalation of commitment
B) Framing error
C) Auction fever
D) Satisficing
E) Overconfidence
A) Escalation of commitment
B) Framing error
C) Auction fever
D) Satisficing
E) Overconfidence
On Jul 14, 2024
A
ST
Answered
The are three basic sources of a leader's power are (1)reward, (2)legitimate,and (3)referent power.
On Jul 11, 2024
False
ST
Answered
The principal debtor's lack of capacity is a defense for both the principal debtor and the surety if they are sued by the creditor.
On Jun 14, 2024
False
ST
Answered
Tammy and Tad's father has given each of them a debit card and allows each of them to use the card to spend $500 each month. Tammy and Tad use their $500 to buy only CDs and gasoline. In February, the price of a CD was $10 and the price of gasoline was $1 per gallon. At these prices, Tammy purchased 45 CDs and 50 gallons of gas. Tad consumed 20 CDs and 300 gallons of gas. For the month of March, Tammy and Tad's father lost the records indicating who had which debit card. From the bank statement in March, their father learned that the price of a CD was $12 and a gallon of gas cost $0.80. The first debit card was used to purchase 235 gallons of gas and 26 CDs. The second debit card was used to purchase 265 gallons of gas and 24 CDs. Using revealed preference theory, identify which card Tammy must possess.
On Jun 11, 2024
From the diagram, we see that point D is revealed preferred to point B. This implies that Tad would not choose to consume at point B. Thus, we know that Tad must have consumed at point C and has the second debit card. This means Tammy has the first debit card.ST
Answered
What additional factors that affect the marketing environment do you need to consider when selling your product or service globally?
On May 14, 2024
Besides all of the factors that affect the domestic marketing environment, such as competition, the economy, demographics, political/legal factors, and technology, companies that are considering entering the global marketplace must also be aware of factors that are present in the global marketplace. Companies need to understand and monitor currency fluctuations, the income distribution in the markets they plan to enter, how major trade agreements and organizations can affect their business, availability and usage of technology in foreign markets, and the cultural fit of, as well as the marketing methods for, the products that they plan to sell.