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31. Which of the following is considered a substitute product? a. Lululemon yoga pants b. Benelli shotgun C. iPhone 11 Pro Max d. Great Value
31. Which of the following is considered a substitute product? a. Lululemon yoga pants b. Benelli shotgun C. iPhone 11 Pro Max d. Great Value Purified Drinking Water e. Ray Ban Aviators 32. Which of the following would be considered 'greenwashing' a. Using green colored labeling for a can of green beans b. Labeling your product as 'Eco-friendly c. Printing a please recycle reminder on your cans d. Items with a USDA Organic logo e. All of the above 33. Amy is presented with a new pair of Target yoga pants. Before testing the fit and quality of the new garment, Amy has concluded that they are not as good as her Lululemon yoga pants. This is an example of: a. Cognitive Dissonance b. Belief Perseverance c. Nudging d. Choice Architecture e. Slow thinking 34 You walk into an upscale restaurant. All but one salad are priced in the $20 to $30 range. The outlier is priced at $100. This method of 'nudging' customers to purchasing a 'reasonable' $20-$30 salad plays into our: a. Relative Decision Making b. Absolute Decision Making c. Groupthink Decision Making d. Rational Decision Making e. Principle Based Decision Making 35. Cholce architecture is simply organizing the context in which people make decision a. True b. False
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