Exxon Consulting, Works as an Agent on Behalf of Business

question 132

Multiple Choice

Exxon Consulting, works as an agent on behalf of business consumers to collect information on various industrial products. When faced with buying decisions, businesses can approach Exxon to obtain detailed information on the various options available to them. The company earns revenue by selling such information to various customers. Marten Consulting can be called a(n) ________.

• A) infomediary
• B) market maker
• C) customer community
• D) third party arbitrator
• E) informant

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Definitions:

Pigeonholing

The practice of classifying or categorizing people, ideas, or objects narrowly and often unfairly, limiting potential or understanding.

Funder's First Law

A principle in psychology which suggests that important or extreme behavior in one situation tends to be important or extreme in other situations as well.

Psychoanalytic

Relating to or based on the theories of Sigmund Freud, focusing on unconscious motivations and conflicts as drivers of human behavior and psychological problems.

Unconscious Conflict

A term used in psychoanalysis to describe a struggle or clash between opposing wishes or desires that exist outside of conscious awareness.