Conscious Low-Effort Decision-Making Can Follow a Hierarchy of Effects in Which

question 44

Multiple Choice

Conscious low-effort decision-making can follow a hierarchy of effects in which:

• A) selection of brands is done based on overall evaluations.
• B) brands are selected after comparing the attributes of each brand.
• C) only the product category information is carefully considered.
• D) thinking leads to behaving and results in feeling.
• E) attention to marketing communications regarding that brand is evaluated.

---

Definitions:

AASB 124

An Australian Accounting Standards Board standard that requires the disclosure of financial relationships and transactions between related parties.

Insider Trading

The trading of a public company's stock or other securities by individuals with access to non-public, material information about the company.

Related Party Relationships

A relationship between a reporting entity and another entity that is controlled, directly or indirectly, by the reporting entity, controls the reporting entity, or is under common control with the reporting entity.

Significant Influence

A situation where an investor holds power to participate in the financial and operating policy decisions of an investee but does not control or jointly control those policies.