When conducting an information search, various product-ratingorganizations, such asgovernment agencies and TV consumer programs, are known asSelect one:a. relational sources.O b. public sources.C. stakeholder sources.O d. marketer-dominated sources.e. personal sources.Your answer is incorrect.Research has found that for many products, including soft drinks,coffee, and cosmetics,consumers are unable to distinguish among brands in blind tests(i.e., taste or other use ofthe products without labels). Nonetheless, even when prices aresimilar, consumers have

Product rating organisation act as a source of information.

Answered: When conducting an information search,…

When conducting an information search, various product-rating organizations, such as government agencies and TV consumer programs, are known as

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

When conducting an information search, various product-rating
organizations, such as
government agencies and TV consumer programs, are known as
Select one:
a. relational sources.
O b. public sources.
C. stakeholder sources.
O d. marketer-dominated sources.
e. personal sources.
Your answer is incorrect.
Research has found that for many products, including soft drinks,
coffee, and cosmetics,
consumers are unable to distinguish among brands in blind tests
(i.e., taste or other use of
the products without labels). Nonetheless, even when prices are
similar, consumers have

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