According to Research Which of the Following Is True of Consumer

question 34

Multiple Choice

According to research which of the following is true of consumer behavior (CB) ?

• A) Consumers often express a more favorable attitude for a product promoted with an "amount off" discount.
• B) Consumers often express a more favorable attitude for a product promoted with "percentage off" discount.
• C) Consumers do not pay attention to relative advantage while trying out a new product in the market.
• D) Consumers are less likely to adopt things that do not transcend existing values and knowledge.

Describe the standard criteria used by the NLRB in determining the appropriateness of bargaining units.

Analyze the reasons behind the decline in the use of recognition strikes by unions.

Appreciate the impact of external consultants and lawyers in shaping employer strategies against union organizing.

Understand the challenges and criticisms of the current union certification process under the NLRA.

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Definitions:

Autarky

An economic condition or system in which a country is self-sufficient and does not engage in international trade.

Consumer Surplus

The gap between the maximum sum consumers are ready to pay for a product or service and the sum they ultimately spend.

Autarky

This is a situation where a country or region is self-sufficient and does not engage in international trade with other countries.

Employee Retirement Income Security Act

A federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.