After Learning the Phone Number for Five Star Pizza, Bob

question 2

Multiple Choice

After learning the phone number for Five Star Pizza, Bob cannot remember the phone number he learned last week for the Donut Connection. After living in Los Angeles for three years, Jim is unable to remember his way around his hometown in which he had lived the previous 10 years prior to moving to Los Angeles. Bob is experiencing the effects of _____ interference, and Jim is experiencing the effects of _____.

• A) proactive; proactive
• B) proactive; retroactive
• C) retroactive; proactive
• D) retroactive; retroactive

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Definitions:

Price Reduction

A decrease in the selling price of products or services, often to drive sales or clear inventory.

Prompt Payment

A financial discipline that involves settling debts quickly, often rewarded by suppliers with discounts.

Purchase Returns

Transactions where buyers return previously purchased merchandise to the seller, often because of defects or errors in the shipment.

Returns

The process of a customer returning previously purchased merchandise back to the seller, or the amount of profit generated from an investment.