Solved

Assume That You Are an Entrepreneur

Question 49

Multiple Choice

Assume that you are an entrepreneur. You believe strongly that customers normally like to see a lower price on products - "Lower price sells more product." You attended a professional conference recently and heard a speaker say that a good approach would be to try to make your product different and valuable in the eyes of the customer and charge a higher price. At the same conference,you heard another speaker argue that "yes,customers do like to see lower prices." It sounded to you like the second speaker presented a more logical argument. The first speaker's ideas just didn't sound right to you. Your views on this are an example of


A) practical intelligence.
B) confirmation bias.
C) long-term memory.
D) cognition.
E) creativity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents