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Wittaler [7]
3 years ago
14

Let’s say a company that makes a consumer product such as laundry detergent asks customers to write a positive review about the

product in exchange for a small chance of winning a $1 discount coupon. What does cognitive dissonance theory predict will happen to consumers who dislike the product but still participate and write the testimonial?
Business
1 answer:
torisob [31]3 years ago
5 0

A company that makes a consumer product such as laundry detergent asks customers to write a positive review about the product in exchange for a small chance of winning a $1 discount coupon.<u>The cognitive dissonance theory predict that the attitude of the customer toward the product will become Positive</u>

Explanation:

Cognitive dissonance theory talks about a state of an individuals mind in which their exist a conflict between the  attitudes, beliefs or behavior of an individual,which produces a feeling of mental stress.

As per the cognitive dissonance theory Whenever  there is an disharmony between our  attitudes or behavior , we should make effort to   eliminate the dissonance.

In the above question the company has made an effort to remove the dissonance among its customers by giving them a small chance of  winning a $1 discount coupon.Thus resulting in a positive change in the attitude of the customer.

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For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which
olga nikolaevna [1]

Answer:

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

<u>A. Performance measures are to be linked to the individual's goals</u>

No.  Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees.   There has to be some performance reward attached to it.

<u>B. Employees are given very broad performance goals</u>

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

<u>C. Employees value the rewards or incentives that are being offered</u>

Yes.  Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

<u>D. Employees are given limited resources to meet their goals</u>

No. They won't be motivated if they don't think they have the means to achieve those goals.

6 0
3 years ago
The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8
Soloha48 [4]

Answer:

The amount of the last annual dividend paid is <u>$4.3</u>.

Explanation:

Given:

The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8 percent annually.

Now, to find the amount of last annual dividend paid.

Let the amount of last annual dividend paid be l.

Price of per share (p) = \$42.

Rate of return (r) = 12.2\%.

Rate of dividend growth (g) = 1.8\%.

Now, to get the amount of last dividend paid we put formula:

p=\frac{l(1+g)}{r-g}

42=\frac{l(1+1.8\%)}{12.2\%-1.8\%}

42=\frac{l(1+0.018)}{0.122-0.018}

42=\frac{l\times 1.018}{0.104}

<em>Multiplying both sides by 0.104 we get:</em>

<em />4.368=1.018l<em />

<em>Dividing both sides by 1.018 we get:</em>

4.3=l

l=\$4.3.

Therefore, the amount of the last annual dividend paid is $4.3.

6 0
3 years ago
Your sister just deposited $14,000 into an investment account. She believes that she will earn an annual return of 10.5 percent
Ilia_Sergeevich [38]

Answer:

You must deposit $14,824.07

Explanation:

Giving the following information:

Sister:

Investment= $14,000

Interest rate= 10.5%

Number of years= 9

You:

Investment=?

Interest rate= 9.8%

Number of years= 9

First, we need to calculate the future value of your sister:

FV= PV*(1+i)^n

FV= 14,000*(1.105^9)= $34,386.55

Now, we can determine your deposit:

PV= FV/(1+i)^n

PV= 34,386.55/ (1.098^9)= $14,824.07

3 0
3 years ago
Roger always purchased insurance for the 10 years he owned an expensive speedboat. Since he never had an accident, the premiums
miv72 [106K]

The answer base on the given scenario would be letter a, Roger would gain benefits as he was protected from a financial loss as this insurance covers him financially as the insurance of which premiums he has paid and were to gain would only make him the person of having to have the benefit as he is the one who has the insurance covered for him, which is entitled to his name and that the benefits and offers would be his gain.

6 0
3 years ago
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Taya2010 [7]

The given statement " Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government " is TRUE

Explanation:

In 2007, the State spending per capita, fiscal 2007, ranked Texas among 50 States in per capita policy (expenditures) revenue.

i. $ 3,831.00B/2007

Texas is the 43rd largest state and federal government on total per capita general spending.

Texas has been a low-cost country for a long time, often to the exclusion of the most needed services. Public education as well as health care and human services are the two biggest areas of government spending, collectively accounting for over half of all all-funds and general income budgets. Nonetheless, Texas has a low level of spending per pupil and per patient in the field of health care.

3 0
3 years ago
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