The difference in the level of consumption of a consumption smoother and a hand-to-mouth consumer based on anticipated increase in income.
- If there is an anticipated rise in income, a consumption smoother will exhibit <u>increase</u> in consumption, and a hand-to-mouth consumer will exhibit <u>no change</u> in consumption.
- Consumption smoothing can be defined as a process of achieving a balance between expenses on today's needs and saving for tomorrow (future). It is used to regulate spending and saving during different phases of life <em>(increase or decrease in income.</em>
- Hand-to-mouth consumer is a consumer who spends all his income on consumption. He doesn't save because he earns low income.
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Answer:
ethical leadership
Explanation:
Ethical leadership is a leadership style that focuses on the respect for ethical values, employees' dignity and the overall rights of everyone related to the organization, including those who work at it, its customers, and related community.
Ethical leadership emphasizes personal values such as trust, honesty, empathy, fairness, etc.
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When a consumer makes an online purchase directly through social media without using a company's website, it is considered social commerce. The correct answer is option B.
Social commerce uses social media sites for the promotion and sale of goods and services. Customers can make purchases using this kind of selling model without leaving social networking apps.
Customers can utilize social commerce to research products, engage with customer service and make purchases. It may be because social commerce offers a more convenient and engaging shopping experience that it is gaining popularity. By 2026, it is predicted that social commerce would have a global value of $2.9 trillion.
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Answer
(A) true
Explanation:
Stare decisis is a legal doctrine that obligates courts to follow historical cases when making a ruling on a similar case. Stare decisis requires that cases follow the precedents of other similar cases in similar jurisdictions.
