Answer the following statements true (T) or false (F)

When the business is viewed in the context of accounting as well as in its legal form, it is clear that the entity is identical to its owners.


ANSWER: F

Business

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Assume you are a marketing manager and want to adopt strategic brand management. List the four main steps that you would most likely go through to accomplish this task

What will be an ideal response?

Business

The performance evaluation system should provide incentives to segment managers for coordinating the activities of the subunits and directing them toward the overall company goals. Which of the following performance measurement goals has been described by this statement?

A) motivating segment managers B) promoting goal congruence C) providing feedback D) benchmarking

Business

Gary sends samples of sheet music to schools for demonstration or presentation. Which of the following types of marketing is being illustrated from this statement?

A) kiosk marketing B) viral marketing C) direct-mail marketing D) telemarketing E) direct-response television marketing

Business

The ________ of a service means that it cannot be perceived through the five senses before it is produced and consumed

A) utility B) warranty C) tangibility D) intangibility E) variability

Business