A Judgment Based on the Assumption That We Already Know

question 37

Multiple Choice

A judgment based on the assumption that we already know all the information we need to know about a person is called _____.

• A) stereotype
• B) prejudice
• C) cultural value
• D) none of these

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Definitions:

Intensively Sold

A marketing strategy that aims for widespread distribution and makes the product available at as many retail locations as possible.

Stock Prices

The cost of purchasing a share of a company, which fluctuates based on supply and demand, company performance, and market conditions.

Insiders

Individuals within a corporation who have access to confidential information about the company, often subject to trading restrictions.

Support Level

A price level below which it is supposedly difficult for a stock or stock index to fall.