When attempting to understand target customers it is important to ______________.

a. know their demographics
b. observe and speak with them in their places of use
c. simply confirm your initial assumptions about them
d. observe and speak with a large number of them


b. observe and speak with them in their places of use

Business

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Wrigley's chewing gum is the same product whether you buy it in Japan, Great Britain, Brazil, or the United States. Wrigley's sells the same products around the world. It has adopted a(n) ________ strategy

A) product adaptation B) localization C) straight extension D) product invention E) ethnocentric

Business

How much would Olga's semiannual premium be for a 5-year term insurance policy with a face value of $350,000, based on Tables 19-1 and 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer to the nearest cent)

A. $450.00 B. $392.50 C. $456.82 D. $549.70

Business

Chapter 7 bankruptcy petitions may only be filed voluntarily

a. True b. False Indicate whether the statement is true or false

Business

Which of the following entries will be necessary to close the Insurance Expense account at the end of the year?

A) debit Insurance Expense and credit Income Summary B) debit Insurance Expense and credit Common Stock C) debit Retained Earnings and credit Insurance Expense D) debit Income Summary and credit Insurance Expense

Business