The Socialization Process by Which Consumers' Behaviors Slowly Adapt to a Culture

question 91

Multiple Choice

The socialization process by which consumers' behaviors slowly adapt to a culture through a series of rewards and sanctions is known as _____.

• A) modeling
• B) renquing
• C) diffusing
• D) shaping
• E) structuring

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Definitions:

Return On Investment

A financial metric used to evaluate the efficiency or profitability of an investment relative to its cost.

Residual Income

The income that remains after all personal debts and expenses have been paid from one's net income.

Minimum Required Rate

The lowest acceptable return on investment required by an investor or manager.

Return On Investment

A measure of the profitability of an investment, calculated as the ratio of net returns to the initial capital cost.