Obtaining primary and secondary data would take place during which stage of the five-step marketing research approach?
A. develop the research plan
B. define the problem
C. collect relevant information
D. develop findings
E. take marketing actions
Answer: C
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Which of the following is the final step in the accounting cycle?
A) Prepare financial statements. B) Close the accounts. C) Prepare an adjusted trial balance. D) Post the journal entries to the ledger.
______ is the process of comparing an organization’s products or services and processes with those of other companies.
a. Comparative assessment b. Critical comparison c. Calibration d. Benchmarking
Many people fear world trade because it:
a. closes the access to advanced technology for less developed countries. b. slows down the rate at which people's living standards increase. c. causes some people to lose their jobs due to production shifts abroad. d. empowers governments to abuse the freedom and property of their citizens.
A warranty of__________ is applied in a minority of jurisdictions and involves a warranty at the inception of a commercial lease that there are no latent defects in the premises that will prevent the premises from being used for its intended purpose and that the premises will remain in a suitable condition
a. habitability b. merchantability c. suitability d. fitness for a particular purpose