According to Hughes and Cain (2011),all of the Following Have

question 49

Multiple Choice

According to Hughes and Cain (2011) ,all of the following have been primary motives throughout American history for government regulation except

• A) the existence of monopoly power
• B) quality control of products and services
• C) funding of government activities through taxation
• D) raising wages and improving working conditions

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Definitions:

External Locus of Control

The belief that one's successes or failures result from external forces beyond personal control.

Performance Risk

The risk that a product or service will not perform to satisfactory standards, potentially leading to customer dissatisfaction or financial loss.

Reference Group

refers to a group that individuals compare themselves to for self-evaluation, which influences their beliefs, behaviors, and attitudes.

Determinant Attributes

Key features or characteristics of a product or service that influence the buyer's decision to purchase.