Assume That on January 15, 2020, Ariel Agrees to Purchase

question 80

Multiple Choice

Assume that on January 15, 2020, Ariel agrees to purchase US$500,000 for C$550,000 for delivery on January 15, 2021. The exchange rate at its December 31 year-end is US$1 = C$0.95 and the January 15, 2021 the exchange rate is US$1 = C$0.97. What is the foreign exchange gain or loss recognized on January 15, 2020?

• A)0
• B)$65,000 loss.
• C)$75,000 gain.
• D)$75,000 loss.

Recognize the role of motivation in driving consumer behavior.

Identify the components and significance of Maslow's hierarchy of needs in marketing.

Distinguish between different types of needs within Maslow's hierarchy.

Analyze the impact of sociocultural influences on consumer decisions.

---

Definitions:

Internal Validity

Refers to how well an experiment is conducted and whether it measures what it's supposed to measure, without being confounded by other factors.

Independent Variable

A variable in an experiment that is manipulated to observe its effects on a dependent variable.

Internal Validity

The extent to which a study provides evidence that a causal relationship exists between the variables it examines, free from confounding factors.

Random Assignment

Use of a random "chance" procedure (such as a random number generator or coin toss) to determine the condition in which an individual will participate.