When Consumers Make Consumption Decisions Based on an Association Between

question 89

Multiple Choice

When consumers make consumption decisions based on an association between the product,brand name,or service,and the country in which it was made,this is referred to as ________.

• A) jumping to conclusions
• B) stereotyping
• C) country of origin effects
• D) the halo effect
• E) judging value

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Definitions:

Responsibility

The state or fact of having a duty to deal with something or of having control over someone, often associated with accountability and ethical obligations.

Obligation

A duty or commitment that one is bound to by law, promise, or moral necessity.

Intermediate Term

A period of time that falls between the short term and the long term, often used to describe financial instruments or investments with maturity periods of 2 to 10 years.

Adaptive

The ability to change or adjust effectively to new conditions, environments, or situations, often considered vital for survival and success.