Something that is essential to how you live and does not have many substitutes or alternatives is called an elastic product.
Answer the following statement true (T) or false (F)
False
Something that is essential to how you live and does not have many substitutes or alternatives is called an inelastic product.
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The present value of an annuity is the sum of the present values of each cash flow
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT an example of a psychological need for buying a product?
A. Desire for gain B. Self-preservation C. Fear D. Need to save money E. Comfort or luxury
____________________ expenses are all the costs associated with doing business, except the cost of goods or services, and ____________________ expenses are the costs incurred in marketing and distributing the firm’s goods or services.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements about persuasive messages within an organization is most accurate?
A) ?It is acceptable for managers to be dishonest when trying to persuade others because of their authoritative position in the company. B) ?Persuasive messages flowing both downward or upward require attention to tone. C) ?When employees send persuasive messages to their managers, they should include words such as you must or we should to make their messages sound more convincing. D) Instructions or directives from managers to employees should be organized indirectly.