Bryan Nixon Owns Several Apartments

question 37

Multiple Choice

Bryan Nixon owns several apartments.Having tried some other appliance brands in his rental apartments and been dissatisfied with their short life span,Nixon will now only purchase Maytag brand appliances to go into his apartments.Nixon's repeat purchases of Maytag appliances indicate:

• A) the existence of cognitive dissonance.
• B) the absence of any affect referral decision rule.
• C) strong brand loyalty.
• D) extensive decision making and strong psychosocial consequences.

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Definitions:

Inventory

The total amount of goods a company has in stock, including raw materials, work-in-process, and finished goods.

Variable Costs

Expenses that change in proportion to the activity of a business, such as materials and labor costs.

Relevant Costs

Costs that will be affected by a decision in a particular situation, excluding sunk costs and costs that do not differ between alternatives.

Unprofitable Product Lines

Product categories or items that do not generate a profit and may result in a financial loss for the company.