Two Trends That Have Caused Consumer-Generated Information to Gain Importance

question 2

Multiple Choice

Two trends that have caused consumer-generated information to gain importance is

• A)the recession and a reduction of advertising expenditures.
• B)globalization and the cultural trend of consumers being influenced by the "village."
• C)the increase of consumers sharing their opinions through digital media and the consumer's mistrust of information from corporations.
• D)an increase in mobile digital technology and store brands.
• E)an increase in children's influence over the purchasing decision and the fact that adults other than parents influence children.

Recognize the effects of drug use on mental and physical health.

Distinguish between different sleep disorders and their manifestations.

Understand the mechanisms and effects of different classes of drugs, including stimulants, depressants, and hallucinogenics.

Grasp the processes involved in suppressing versus repressing thoughts and their psychological implications.

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Definitions:

Terms of Trade

The ratio between a country's export prices and its import prices, indicating the quantity of imports goods a country can purchase through the sale of its exports.

Supply and Demand

Fundamental economic model describing how prices vary as a result of a balance between product availability and consumers' purchasing desires.

Opportunity Cost

The financial loss associated with rejecting the subsequent preferable choice when deciding or selecting amongst various options.

Specialization

The process of focusing on and becoming expert in a particular subject or skill, or of businesses, regions, or nations concentrating on producing certain goods or services.