Behavioural economics combines

Assignment Help Operation Management
Reference no: EM131784491

1. ____________ occurs when an unconditioned stimulus or cue is associated with an outcome.

1. Classical conditioning

2. Instrumental conditioning

3. Classical learning

4. Instrumental learning

2. Behavioural Economics combines ________ and ___________ to understand the decision making process of consumers.

1. Philosophy and Economics

2. Anthropology and Economics

3. Behaviourism and Economics

4. Psychology and Economics

3. The use of olive-green plain packaging on all tobacco products sold in Australia is an example of the use of ______________ to discourage purchase.

1. Humour

2. The halo effect

3. Subliminal perception

4. Colour

4. A consumer may associate going on a cruise with a wide array of ideas, feelings and activities including relaxation, travel, friendship, happiness, seasickness, exploration and gambling. In this instance, the consumer is employing (a) ______________.

1. Rehearsal

2. Long-term memory

3. Schema

4. False memory

Reference no: EM131784491

Questions Cloud

Variable such as consumer mood-differing retail environments : Variables such as a consumer’s mood, the differing retail environments or time of day are defined as ______________.
In terms of consumer perception-slogans-advertisements : In terms of consumer perception, slogans, advertisements and product information are considered to be ______________.
In terms of consumer behaviour : In terms of consumer behaviour, the properties of a product such as its price, brand name, country of origin and packaging are known as
Defined as a relatively permanent change in behaviour : ____________ can be defined as a relatively permanent change in behaviour that is linked to experience.
Behavioural economics combines : Behavioural Economics combines ________ and ___________ to understand the decision making process of consumers.
Describe the requirements of legislation : Describe the requirements of legislation which applies in your chosen area and explain how you can ensure those requirements are met
Central and peripheral routes to persuasion theory : Fundamental principle of the central and peripheral routes to persuasion theory is that consumers will only engage in detailed cognitive processing if product.
Your employees know about the types of ethical behaviour : You need to ensure your employees know about the types of ethical behaviour which are required whilst they are working for your organisation.
Describe how you think hotels management : Describe how you think hotel’s management will. The case describes how quality, speed, dependability, flexibility and cost impact on hotel’s external customers.

Reviews

Write a Review

Operation Management Questions & Answers

  Evaluate your experience with organizational change

Explain and evaluate your experience with organizational change. Explain the type of experiences you have had that will make you a strong leader.

  What are the steps in your b2b buying process

Compare the steps described for the B2B buying process with the steps your own consumer buying process.

  List the major competitive dimensions

List the major competitive dimensions that form the competitive position of a firm and discuss whether each one is either a low-cost strategy or a differentiation strategy.

  Property rights are major basis for managements authority

Unions seek to give equity and voice a place in decisions that might otherwise be driven by efficiency.  Property rights are a major basis for management’s authority and control.

  Calculate the per gallon cost of underestimating demand

Organic milk is stocked at a grocery store each week.  At the end of the week unsold milk is reduced in price by 60% and always sells for this lower price instantly. Calculate the per gallon cost of underestimating demand

  Use bcg matrix for effective strategic formulation

What is BCG matrix? Why do we need BCG matrix? How we can use BCG matrix for effective strategic formulation?

  Most of the time the concept of getting emotional

Most of the time the concept of “getting emotional” at work is perceived as a “bad” thing (on the continuum of “good to bad”).

  About the reliability level of new untested system

Assume NASA is concerned about the reliability level of a new untested system for use on Mars. Based on past experience they believe there is a 75% chance that the system's reliability is Rl = 0.9, a 15% chance it is R2 = 0.75 and a 10% chance it is ..

  What happens to the sum of ordering and holding costs

When the order quantity is doubled but the flow rate remains constant, what happens to the sum of ordering and holding costs?

  Discuss your general opinion about the future of print media

Discuss your general opinion about the future of print media.

  Why do you think ruthie is worried about her interview

Ruthie is 62 years old and is looking for a job. She loves one of the local clothing stores and applied online for a job as a sales clerk.She has an interview today and is afraid the store manager will be much younger than her.Ruthie considers cancel..

  Differentiate between economies of scale and scope

Differentiate between economies of scale and scope. How does each of these produce cost advantages? Examples, Describe what an experience curve is and how it can be used to make effective business decisions. Share an example of your own personal 'lea..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd