An entrepreneur who conducts market tests to get early feedback and acquire important learning and information is an example of ______.
a. exploratory experimentation
b. inattention
c. lack of ability
d. uncertainty
a. exploratory experimentation
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From a business perspective, the poor working conditions endured by workers in the early part of U.S. industrialization were most problematic because:
A. Workers should have better lives than that. B. Workers were willing to put up with anything to keep a job, thus turnover rates were too low. C. Workers lacked purchasing power which kept product demand artificially low. D. The government threatened to impose minimum wage and working conditions laws.
An acceptance can impose new conditions or change the terms of the original offer without rejecting it
a. True b. False Indicate whether the statement is true or false
The ratio Cost of goods sold/Revenue indicates how efficiently a company can
A. advertise a good. B. design a good. C. produce a good. D. sell a good.
On what three bases are advertising agencies normally classified?
What will be an ideal response?