Answer the following statement(s) true (T) or false (F)
1. Culture is a set of beliefs and values shared by members of a given group.
2. Socioethnic background is one of the levels of culture.
3. In 2007, 23% of the U.S. population spoke a language other than English at home compared to 13% in 2000
4. Race, color, national origin, sex, religion, age, disability, political beliefs, marital status, and education are referred to as protected groups
5. The Originals are one of the groups of generations in U.S. history.
1. True
2. False
3. False
4. False
5. False
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Under a defensive strategic market plan, calculate the market share of a company that generates sales revenue of $50 million in a market where the total demand is $493 million
A) 5.6% B) 10.14% C) 25% D) 32.3% E) 5.89%
The primary use for media panels is to determine market potential by geographic region
Indicate whether the statement is true or false
The premium on a two-year insurance policy expiring on June 30, 2015, was paid in total on July 1 . 2013 . The original payment was debited to the insurance expense account. The appropriate journal entry has been recorded on December 31 . 2013 . The balance in the prepaid asset account on December 31 . 2013 . should be
a. the same as the original payment. b. higher than if the original payment had been initially debited to an asset account. c. lower than if the original payment had been initially debited to an asset account. d. the same as it would have been if the original payment had been initially debited to an asset account.
To effectively and efficiently sell the product, what type of salespeople should the company hire?
A) inside sales reps B) outside sales reps C) detail reps D) missionary reps E) direct sales reps