Whenever Two Variables Are Correlated, We May Assume That One

question 16

True/False

Whenever two variables are correlated, we may assume that one is the cause of the other.​

Distinguish between utilitarian and hedonic motives for social shopping.

Define social commerce and its impact on consumer decision-making processes.

Understand the impact of customer reviews and ratings on E-Retailing.

Recognize the characteristics of different social commerce approaches.

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Definitions:

Employment Downsizers

Companies or managers that implement policies to reduce the workforce for cost-cutting or organizational restructuring purposes.

Progressive

Progressive refers to a tax system in which the tax rate increases as the taxable base amount (income or profits) increases, aimed at ensuring fairness by taxing individuals based on their capacity to pay.

Regressive

Pertaining to a tax system in which the tax rate decreases as the taxable amount increases, burdening proportionally more on lower-income earners.

Proportional

Corresponding in size, degree, or intensity; having a constant relation in degree or number between the parts.