While Culture Affects People in Many Ways, Three Factors Are

question 37

Multiple Choice

While culture affects people in many ways, three factors are particularly relevant in consumer behavior: _______.

• A) Language, value and attitude
• B) Language, attitude and nonverbal communications
• C) Value, attitudes and language
• D) Value, beliefs and language
• E) Language, values and nonverbal communications

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Definitions:

Geometric Average

A method of calculating the average rate of return of a set of values multiplicatively linked together, commonly used to determine the performance of investments over time.

Compounding Principle

The process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.

Rate of Return

A percentage representing the gain or loss on an investment over a specified period, relative to its cost.

Statistically Significant

A determination that a result from data analysis is likely not due to chance at a predetermined level of significance.