Knowledge That Is Evaluative, Value Laden, and Concerned with Prescribing

question 12

Multiple Choice

Knowledge that is evaluative, value laden, and concerned with prescribing what ought to be is known as ___________ knowledge.

• A) Normative
• B) Nonnormative
• C) Probabilistic
• D) Nonprobabilistic

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Definitions:

Product Line

A group of closely related products that are treated as a unit because of similar marketing strategy, production, or end-use considerations.

Bonds

Debt instruments that larger companies sell to raise long-term funds.

Preferred Stock

A special type of stock whose owners, though not generally having a say in running the company, have a claim to profits before other stockholders do.