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Question 5 According to prospect theory and 2 promotional strategies of offering $1,000 price reduction on a car costing $15,000 (labelled X] & offering $1.000 worth of free gasoline on a car costing $15,000 (labelled Y): O X wil be more effective than Y with consumers O Y wil be more effective than X with consumers D Both X & Y will be equally ineffective Both X & Y will be equally effective O Prospect theory does not deal with promotional strategies 

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Question 7 New cosmetic innovations from Japanese cosmetic companies never succeed in Europe and US markets. This is probably because of negative country- of origin effects Le., a stereotypic or an incorrect belief that Japanese companies cannot make good cosmetics. This is an example of which factor that Influences the diffusion of innovations? Q Compatibility Perceived risk O Divhility O Relative advantage O Psychological barrier 

Please answer correct both are questions please ASAP

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Question 5 According to prospect theory and 2 promotional strategies of offering $1,000 price reduction on a car costing $15,000 (labelled X) & offering $1,000 worth of free gasoline on a car costing $15,000 (labelled Y); O X will be more effective than Y with consumers OY will be more effective than X with consumers O Both X & Y will be equally ineffective O Both X&Y will be equally effective O Prospect theory does not deal with promotional strategies Question 5 According to prospect theory and 2 promotional strategies of offering $1,000 price reduction on a car costing $15,000 (labelled X) & offering $1,000 worth of free gasoline on a car costing $15,000 (labelled Y); O X will be more effective than Y with consumers OY will be more effective than X with consumers O Both X & Y will be equally ineffective O Both X&Y will be equally effective O Prospect theory does not deal with promotional strategies

Answer rating: 100% (QA)

5According to prospect theory which is a psychological theory that describes how people make decisions under uncertainty the framing of options can si... View the full answer