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Phantasy [73]
3 years ago
11

Researchers have found that before buying a new car, consumers tend to look at ads for all makes and models of cars. However, on

ce having purchased a car, consumers tend to read only ads for the kind of car they purchased. This tendency best illustrates the phenomenon known as:_________.
Business
1 answer:
baherus [9]3 years ago
4 0

Answer:

selective exposure

Explanation:

Selective exposure -

It is also known as confirmation bias or congeniality bias .

The practice is used in the communication and media research ,

Where the people tries to follow their own , predefined views and avoid any  opposing views, is referred to as selective exposure .

Hence , from the given scenario of the question ,

As the person buys the car , then he tries to ignore any contradictory information against the car .

Therefore , the correct answer is selective exposure .

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son4ous [18]

Answer:

I think its #1 bro i don't know

6 0
3 years ago
the general rule associated with the segregation of duties is that accounting controls should be set up to separate (1) custody
irina1246 [14]

The general guideline for the segregation of duties is that the following areas should be separated by accounting controls : 1. custody of assets, 2. authorization of transactions, and 3. record-keeping responsibilities.

<h3>Give a brief account on segregation of duties.</h3>

The assignment of distinct steps in a process to different personnel is known as the segregation of duties. By exercising extreme control over a process, the goal is to prevent situations in which someone might steal something or do another fraud. In essence, distinct parties should have physical custody of an asset, record-keeping responsibilities for it, and acquisition and disposal authority.

A key component of a control system is the separation of roles. When evaluating an entity's system of internal controls, auditors will consider duty segregation and will give the system a lower rating if there are any segregation problems.

The auditors will change their methods when there are segregation problems because they will presume that the danger of fraud has increased. This method shift typically entails a rise in audit workload, which is passed on to the customer in the form of higher audit fees.

To know more about, segregation of duties, visit :

brainly.com/question/28289850

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4 0
1 year ago
If Sam's, a local watering hole, increased the price of a pint of Guinness by 20%, it estimates the number of MBA students purch
Leni [432]

Answer:

Total Revenues would increase because Demand is Inelastic

Explanation:

Demand is buyers ability & willingness to buy at a given price, time.

Elasticity of Demand is quantity demanded responsiveness to price change.

More Elastic Demand means quantity demanded responds highly to change in price. Percentage Change in Quantity Demanded > Percentage Change in Price. Elasticity of Demand [Δ%Q / Δ%P] >1 in this case. Price and Total Revenue (PxQ) are inversely related in this case ; i.e - price rise, TR fall & price fall, TR rise.

Less Elastic Demand means quantity demanded responds less to change in price. Percentage Change in Quantity Demanded < Percentage Change in Price. Elasticity of Demand [Δ%Q / Δ%P] < 1 in this case. Price and Total Revenue (PxQ) are positively related in this case ; i.e - price rise, TR rise & price fall, TR fall.

So: If Sam's Pint price change by 20% leads to demand fall by 4%, the demand is less elastic i.e < 1. Hence, Total Revenue will increase with increase in price.

6 0
3 years ago
A company's liquidity refers to its: ability to collect accounts receivable. ability to sell inventory efficiently. ability to g
algol13
A company's liquidity refers to its <span>ability to pay currently maturing debts.

Liquidity refers to the companies availability of assets that they can turn into cash or cash readily on hand. Maturity refers to a debt that needs to be paid by a certain, fixed date. 
</span>
6 0
4 years ago
Sellers of a good bear the larger share of the tax burden when a tax is placed on a product for which the:
fenix001 [56]

Answer:

The correct answer is option ii.

Explanation:

In the case of imposition of tax on a good, the suppliers will bear the greater share of burden if the demand is more elastic than the supply.  

The imposition of tax leads to an increase in the price of the product. If the demand is more elastic, the quantity demanded will decrease to a greater extent with the increase in price.  

The supply being less elastic will change to a smaller extent, thus a greater tax burden will be borne by the suppliers.

5 0
4 years ago
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