How do our experiences and expectations influence perception? For decades, research has shown that our perception of the world is influenced by our expectations. These expectations, also called “prior beliefs,” help us make sense of what we are perceiving in the present, based on similar past experiences. How does expectation influence perception examples? The expectation […]
What is considered a low literacy rate?
What is considered a low literacy rate? The countries with the lowest literacy rate, defined as the ability to read and write at a specified age. The figures given are from 2015, the last year in which UNESCO did a global analysis….Lowest Literacy Rates. 1. South Sudan 27.0% 2. Afghanistan 28.1 3. Niger 28.7 4. […]
What condition differentiates a market of pure competition?
What condition differentiates a market of pure competition? Pure or perfect competition is a theoretical market structure in which the following criteria are met: All firms sell an identical product (the product is a “commodity” or “homogeneous”). All firms are price takers (they cannot influence the market price of their product). Market share has no […]
Which of the following would be considered to be an uncontrollable element in the foreign environment?
Which of the following would be considered to be an uncontrollable element in the foreign environment? Explanation: Level of technology is an uncontrollable element in the international market environment. Which of the following is an uncontrollable element of marketing decisions? structure of distribution is an uncontrollable element for the international marketer. Compared to the foreign […]
What happened during the Intolerable Acts?
What happened during the Intolerable Acts? Intolerable Acts, also called Coercive Acts, (1774), in U.S. colonial history, four punitive measures enacted by the British Parliament in retaliation for acts of colonial defiance, together with the Quebec Act establishing a new administration for the territory ceded to Britain after the French and Indian War (1754–63 … […]
Why tourism is important activity in Ganga Brahmaputra basin?
Why tourism is important activity in Ganga Brahmaputra basin? Tourism is an important activity in the Ganga Brahmaputra basin because it promotes scenic beauty, it is the home for historical monuments, centres of pilgrimage and wild life sanctuaries. This region has some famous historical monuments like Taj Mahal at Agra , Qutub Minar in Delhi, […]
What two countries have the highest population?
What two countries have the highest population? World Population TOP 10 MOST POPULOUS COUNTRIES (July 1, 2021) Rank. Country Population Rank. Country. Population 1. China 1,397,897,720 6. Nigeria 2. India 1,339,330,514 7. Brazil 3. United States 332,475,723 8. Bangladesh Which countries have the highest population? Countries in the world by population (2021) # Country (or […]
How might the purchase decisions of consumers impact a market economy?
How might the purchase decisions of consumers impact a market economy? How might the purchase decisions of consumers impact a market economy? By buying some products, but not others, consumers might determine what is produced. When consumers buy products, the price of the product might decrease in response. If firms increase the supply of a […]
When the government uses taxing and spending to fix a problem in the economy is known as?
When the government uses taxing and spending to fix a problem in the economy is known as? Michael Boyle is an experienced financial professional with more than 9 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Fiscal policy is the means by which a government adjusts its spending levels and […]
What is the difference between a Type A personality and a Type B personality?
What is the difference between a Type A personality and a Type B personality? Type A personality is one which is stress-prone, in a hurry, impatient and fast in whatever they do. Type B personality is one which is less stress-prone patient, relaxed, easy-going and lacks time-urgency. What is the difference between Type A and […]