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Artemon [7]
1 year ago
6

When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgm

ents, they are exhibiting the ________.
Business
1 answer:
lozanna [386]1 year ago
3 0

Answer:

They are exhibiting confirmation bias

Explanation:

Confirmation bias occurs when a person discards information that does not validate his pre-existing beliefs, and only takes into account the information that does validate those same pre-existing beliefs.

If a decision maker only seeks out information that does not contradict their past judgments, they are exhibiting confimation bias because they are preventing their past judgments and views from being challenged.

You might be interested in
​Signal Sets Company contracts to deliver one hundred 52-inch plasma high-definition television sets to a new retail customer, T
ehidna [41]

Answer:

The answer is: Signal will not succeed on their claims.

Explanation:

In order for acceptance of a product to be valid, the buyer must accept the products after inspection and give formal acceptance, or fail to reject the products after a reasonable time for inspection. Only after the products are accepted does the buyer lose any rights to revoke acceptance.

In this case, Turner accepted the TVs based on Signal's promise that they were in perfect condition, but after inspection, Turner can revoke that acceptance do to damages on the products.

Both companies agreed that the payment should be done upon delivery, but there was no specific payment method. Turner tried to pay with a check that Signal rejected. Signal cannot demand a cash payment because a check is a valid payment.  

3 0
1 year ago
Today's consumers do not need to rely on marketer-supplied information about products and services because they can use ________
MariettaO [177]

Answer:

The answer to the question would be C

Explanation:

Without a doubt, the economic crisis has changed the way consumers approach the market for goods and services. In this new era, austerity, discounts and the search in different channels of the best price / benefit ratio dominate.

Of course, technology and the Internet are the best allies of the consumer who wants to be informed: thanks to smartphones, bar scanners, social networks or websites that compare prices or offer discounts, we are the buyers with more prior information on what we want or need to acquire.

4 0
2 years ago
Compute the respective net cash flows and cumulative cash balances for the months indicated on the following cash budget for six
LiRa [457]

Answer:

Cumulative cash flow - $420

Net cash flow

Jan = $100

Feb= $150

Mar= $90

Apri -$55

May = $25

June -0

Explanation:

                                          Jan - Feb - Mar - Apr - May - June

sale receipt                        300   350  300   350   400   300

Disbursement                    (200)  (200) (210) (295) (375) (300)

Net cash flow                    100     150    90     55      25     0

Cumulative balance = $420

8 0
2 years ago
The sales and cost data for two companies in the transportation industry are as follows: X Company Y Company Amount Percent Amou
raketka [301]

Answer:

The annual breakeven point in sales dollars for Company X is $90,000

Explanation:

Hi, in order to find the break even point (BEP) in dollars, we need to use the following formula.

BEP(Dollars)=\frac{FixedCosts}{ContributionMargin}

Everything should look like this.

BEP(Dollars)=\frac{36,000}{0.4} =90,000

Best of luck.

4 0
1 year ago
Type the correct answer in the box. Spell all words correctly.
Romashka-Z-Leto [24]

Answer:

liberalization (free trade policy)

Explanation:

Liberalization trade policy is the opposite to protectionism. The aim of this policy is to boost the economical trade with other countries.  International trade under this policy affects prices as they decrease as a result of the imports made from countries were the production of those products is cheaper.

3 0
1 year ago
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