Loren Saw an Advertisement for an Internet Bank That Does

question 6

Multiple Choice

Loren saw an advertisement for an Internet bank that does not charge any service fees.He immediately went on line that day and moved his checking and savings account to the Internet bank.The process that created changes in Loren's immediate behavior is called:

• A) consumer decision making
• B) perception
• C) asocialization
• D) acculturation
• E) learning

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Definitions:

Indirect Exporting

A method of entering a foreign market by selling products to an intermediary, who in turn sells the products to foreign customers.

Intellectual Property

Legal rights given to individuals or organizations over creations of the mind, such as inventions, literary and artistic works, designs, and symbols.

Intermediary

An entity or person that acts as a link between different parties in a business transaction.

Indirect Exporting

A business strategy where a company sells its products overseas through intermediaries instead of dealing with foreign markets directly.