Responding to Consumer Demand for Value, Sobeys Offers a Line

question 97

Multiple Choice

Responding to consumer demand for value, Sobeys offers a line of products that come with a low-price guarantee. In this way, they are able to reach those who are __________.

• A)value conscious
• B)making a routine purchase decision
• C)wealthy
• D)of various ethnic backgrounds

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Definitions:

Numeric Ability

The capacity to understand, work with, and reason using numbers, often evaluated in educational and psychological testing.

Procedural Memory

A type of long-term memory that is responsible for knowing how to do things and perform certain tasks.

Episodic Memory

A type of long-term memory that involves recollection of specific events, situations, and experiences.

Semantic Memory

A type of long-term memory involving the recall of general facts and knowledge about the world.