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Procter & Gamble Added Bleach to Its Tide Laundry Detergent

question 56

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Procter & Gamble added bleach to its Tide laundry detergent, but people didn't believe it was different because it looked the same. So P&G added blue beads to the normally white detergent. Though the blue beads had nothing to do with the bleaching action, consumers could "see" the difference. In this case, consumers were organizing stimuli into a meaningful picture. What is this process called?


Definitions:

Operating Segment

A component of an enterprise engaged in business activities from which it may earn revenues and incur expenses, often reported separately in financial statements.

Entity-wide Disclosures

Detailed information provided in a company's financial statements that covers aspects of the company's operations, financial results, and risks across all segments and geographical areas.

Interim Financial Statements

Financial reports that cover a period of less than one fiscal year, providing a more immediate view of a company's financial health and performance.

Interim Financial Statements

Financial statements reporting the financial position and results of operations of an entity for a period shorter than a fiscal year, typically quarterly.

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