What Is the Difference Between Phishing and Pharming

question 34

Multiple Choice

What is the difference between phishing and pharming?

• A)Phishing is not illegal, pharming is illegal
• B)Phishing is the right of the company, where pharming is the right of the individual
• C)Phishing is a technique to gain personal information for the purpose of identity theft, and pharming reroutes requests for legitimate websites to false websites
• D)All of the above

Understand various retail merchandise strategies and their applications.

Identify the impact of retail store environment on consumer behavior.

Recognize different types of shopping centers and their characteristics.

Comprehend the importance and applications of slotting allowances in retail.

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Definitions:

Bounded Rationality

A concept suggesting that in decision-making, individuals' rationality is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make decisions.

Rational Model

A decision-making process that involves identifying a problem, generating alternative solutions, selecting the best option, and implementing it, assuming a logical and systematic approach.

Completely Rational

Refers to the assumption that individuals make decisions based on fully logical reasoning and have full information available to them.

Rational Model

A decision-making model based on logical and objective analysis of alternatives, aiming for the most optimal solution.