Which of the Following Criteria Holds Good for a Priori

question 41

Multiple Choice

Which of the following criteria holds good for a priori approach and a post hoc approach?

• A)The approach should be used depending on whether the firm is a market leader or follower.
• B)The approach should depend on the vulnerability of a research group.
• C)The approach should depend on how well the firm knows a market for a particular product class.
• D)The approach should depend on the degree to which the product can harm consumers.

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Definitions:

Informal Policy

Guidelines or practices that are not officially documented but are understood and followed by members of an organization.

Executive Agencies

Agencies of the government responsible for the enforcement and administration of federal laws, usually under the direct control of the President or executive branch.

Executive Branch

A branch of government responsible for executing or enforcing laws, often headed by a president or prime minister.

Cabinet Departments

Major administrative units in the executive branch of the U.S. federal government, each headed by a Secretary, that advise the President and execute government policy.