Crumbs Is a Popular Bread Manufacturing Company

question 98

Multiple Choice

Crumbs is a popular bread manufacturing company. It is famous for its unsliced bread, and many customers believe that slicing the bread will make it lose its flavor. So, when Charles, the manager of the company, decides to start selling presliced bread, assuming that the customers would find it more convenient, the customers protest. This is an example of the human compromise known as

• A) simplicity.
• B) the recency syndrome.
• C) personal perspective.
• D) stereotyping.

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Definitions:

Risk

The potential for losing something of value, weighed against the potential to gain something of value, often considered in financial investments and business ventures.

Current Financial Position

An individual's or entity's financial status at a particular point in time, considering assets, liabilities, and net worth.

Internal Users

Individuals within an organization, such as managers and employees, who use financial information to make decisions.

Future Revenues

Expected income from sales or services that a company plans to earn in upcoming periods.