Ji-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take? A. He would buy the Lucia espresso machine because surveys of the product show the highest customer approval. B. He would buy the Hellman espresso machine because the choice seems obvious. C. He would buy the Franceso espresso machine because research shows it is the most durable. D. He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones. E. He would buy the Almas espresso machine because his manager highly recommends it.
Ji-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take? A. He would buy the Lucia espresso machine because surveys of the product show the highest customer approval. B. He would buy the Hellman espresso machine because the choice seems obvious. C. He would buy the Franceso espresso machine because research shows it is the most durable. D. He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones. E. He would buy the Almas espresso machine because his manager highly recommends it.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Ji-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take?
A. He would buy the Lucia espresso machine because surveys of the product show the highest customer approval.
B. He would buy the Hellman espresso machine because the choice seems obvious.
C. He would buy the Franceso espresso machine because research shows it is the most durable.
D. He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones.
E. He would buy the Almas espresso machine because his manager highly recommends it.
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