What is the main difference between a generic market and a product-market?
A. A product-market is usually larger than a generic market.
B. Sellers in a generic market are more concerned with prices than sellers in a product-market.
C. Product-markets usually don't involve competition, but generic markets do.
D. A generic-market involves a less similar set of needs than does a product-market.
E. There is no difference between the two.
Answer: D
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A) increase the psychological investment associated with buying B) increase the buyer's time and energy investment C) increase total customer benefit by improving economic and functional benefits D) decrease total customer benefit by replacing psychological benefits of the product E) decrease the difference between total customer benefit and total customer cost
“Collective intelligence” is correlated with:
a. The intelligence of team members b. Social sensitivity, equal communication, and females on a team c. Emotional intelligence of the most dominant team members d. Team conflict
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A) an integer method. B) a relaxation method. C) a graphical solution. D) an enumeration method.
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