A new firm typically starts as a local operation selling in a fairly circumscribed market by ________

A) finding and developing new intermediaries
B) using a few existing intermediaries
C) forming partnerships with the market leader
D) creating a special channel
E) forming partnerships with other firms


B

Business

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The concept that assumes that assets are recorded at the amount to acquire them is called the _________________________

Fill in the blank(s) with correct word

Business

According to the textbook, the two main types of stressors are ______.

A. hindrance and task B. confront and address C. challenge and hindrance D. address and avoid

Business

The MIT Precision Products salesperson called on the dentist and described his company's new drill as having "unbelievable cutting power" and "a perfect balance to reduce hand fatigue." The dentist looked at the salesperson as if he were crazy and said, "I will never use your company's product. It was due to an MIT product that I failed to graduate with the rest of my classmates." In terms of the communication process, the dentist:

A. created noise. B. provided feedback. C. encoded the message. D. changed the communication channel. E. altered the communication medium.

Business

Which of the following is included in lower order needs according to Maslow’s hierarchy of needs?

A. self-actualization B. esteem C. physiological D. social

Business