_____ Is the Description of How People Act When They

question 16

Multiple Choice

_____ is the description of how people act when they are buying, using, and discarding goods and services for their own personal consumption.

• A) Cognitive dissonance
• B) Observation research
• C) Survey research
• D) Consumer behavior

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Definitions:

Top Management

The highest-level executives in a company, responsible for setting strategy, direction, and leading the organization.

Material Resources

Physical tangibles that are used in the production or functioning of an organization, like raw materials, buildings, machinery, and equipment.

Formal Structure

The officially designated arrangement of roles and procedures within an organization.

Plans

Detailed proposals for achieving specific goals or objectives within a certain timeframe.