Answer:
A) Diffusion of responsibility; escalation of commitment.
Explanation:
Diffusion of responsibility relates to the concept of psychology in which the individual tends to create the responsibility of some different person, because the group size is to large and then the individual thinks not to take the responsibility.
Escalation of commitments relates to the fact that an individual continues with all the previous decisions and do not alter his actions, in consideration to the current circumstances.
In the given instance, John Walker the CEO never met any of the employees of third-world nation, and therefore, he continues his decision, that this plant shall be closed as he once again do not study all the plants, but believes illogically that the close of this plant will be beneficial to company.
Answer:
Option (c) is correct.
Explanation:
Multiplier effect = 1 ÷ (1 - marginal propensity to consume)
= 1 ÷ (1 - 0.75)
= 4
Net exports = Exports - Imports
= 0.5 - 0.7
= (-0.2)
Impact on the equilibrium income = Net exports × Multiplier effect
= (-0.2) × 4
= (-0.8),
so, the equilibrium income will fall by $0.8 trillion.
Answer: Consumer
Explanation:
Quality has to do with the standard by which a product is being compared with other similar products.
Quality is primarily related to satisfaction viewpoint of consumers. If consumers are not satisfied with a particular product, it will have a negative impact on the sale of the product hence the product quality must be taken into consideration in order to enable consumers to buy such product.
Answer:
The correct answer to the following question is B) primary demand stimulation.
Explanation:
Primary demand stimulation can be defined as such advertising messages, whose main objective is to promote the benefits of a product or product category, rather than promoting a whole brand. The main purpose of making such advertisement is to influence the buying decisions of consumers by telling them about the benefits of product and also in situation when a new product has been launched or technological up gradation has been made.
To convert prices in euros in dollars it means you should make Currency Conversion. In order to do the currency conversion you should take several steps in Excel:
1. <span>Select a blank cell next to the price in Euros and enter the formula </span>=NUMBERVALUE(A2,",",".").
Now you will have the amount. If you also want to have the symbol for dollars you should:
2. Format the cell: Right click-> Format->Currency and select the currency.