Sid Believes His Dreams Forecast the Future

question 166

Multiple Choice

Sid believes his dreams forecast the future.He describes all the dreams that came true in the last month.His friend Joey asks him about all the times his dreams did not come true.Sid's tendency to remember the times his dreams came true and forget the times they did not is known as

• A)the fallacy of positive instances.
• B)the Barnum Effect.
• C)the observer effect.
• D)critical thinking.

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Definitions:

Straight Rebuy

A purchasing situation in which a business buyer reorders an existing product or service from the list of acceptable suppliers without modifications.

B2B Marketing

The practice of marketing products and services directly between businesses, as opposed to marketing to end consumers.

Limited Decision Making

A consumer decision-making process used when purchasing products occasionally or needing little information about a product.

Straight Rebuy

The routine repurchase of a product or service without modification from the same supplier.