<u>Answer:</u> Option A True
<u>Explanation:</u>
As an entrepreneur Frank has made the right decision of rewriting the vision statement for his antique shop. A business can succeed only when it has a strong vision statement. When there is a proper vision statement the entire business works for that purpose.
The vision statement made should be linked with the goals of employees. This will create a positive and inspiring place for the employees to work. Even the small antique shop can expand its business activities and attain growth through proper vision statement.
Answer:
C. the study of strategy and strategic behavior.
Explanation:
Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.
A popular example of game theory is the prisoners dilemma.
A game theory can involve more than two players.
An example of prisoners dilemma:
There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.
The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.
The Nash equilibrium is for both prisoners to defect.
I hope my answer helps you
Answer:
a. false
b. true
c. true
d. false
Explanation:
a. The first statement is false as the demand for the soft drink do not declines
b. The second statement is true as the quantity demanded decreased
c The third statement is true as the supplied decreased
d. The fouth statement is false as the quantity suppied do not decline
Therefore the option b and C are correct and option A and D are incorrect
Answer: Emotional motivations cause consumers to buy on the grounds of their thoughts, desires, or urges. Such motivations, mostly motivated by marketing and popular trends, may not even be known to consumers.
The forces that derives emotional decision could be adventure, affection, appearance and fear etc. These decisions might not be economical for the consumers from the money point of view but it generally results in mind satisfaction for the consumer.
Communication involves both listening and speaking. When you say "What I'm hearing you say" is an example of reflective listening because you are trying to clarify the idea of what the other party is trying to imply. Then listener recaps the message using his own words and tries to give back the speakers idea to confirm if the idea has been understood.
