Which of the following statements is true of confirmation bias?
A) Confirmation bias is a bias that is related to the concept of online processing.
B) When confirmation bias is operating, we are more likely to recall positive rather than negative information about favored brands.
C) When confirmation bias is operating, we ignore moderately contradictory information because it is difficult to understand even when we think consciously about it.
D) Confirmation bias leads consumers to recall all important information, resulting in an optimal decision outcome.
E) Confirmation bias is a bias that applies to external information search.
Question 2Worker mobility, fueled by technological developments, is most evident in which of the following sectors?
a. Offshoring
b. Infrastructure
c. Manufacturing
d. Healthcare
Question 3According to JIT, inspection is a waste of both time and personnel caused by defects.
a. True
b. False
Indicate whether the statement is true or false
Question 4By 2009, almost ________ million Internet households had engaged in shopping online.
a. 8.5
b. 12.0
c. 21.0
d. 53.0
e. 73.0
Question 5Which of the following is not an example of a specialized market?
a. The Cairo Gold Market
b. The Jade Market in Hong Kong
c. The Spice Market in Turkey
d. All of the above are examples of specialized markets.
Question 6_____ refers to the concept of seeing what we want to see.
A) Online processing
B) The sleeper effect
C) Selective perception
D) Inhibition
E) The endowment effect
Question 7The three most populated countries in the world are:
a. China, Russia, and Brazil.
b. USA, China, and Indonesia.
c. India, Russia, and USA.
d. China, India, and USA.
Question 8Continuous improvement involves small, daily improvements that ensure that the process in moving forward.
a. True
b. False
Indicate whether the statement is true or false
Question 9In the year 2009, online sales were ________ percent of retail sales.
a. 0.7
b. 1.0
c. 8.0
d. 12.5
e. 15.5
Quick Reply
