A company's go-to-market approach refers to the features that distinguish its product or service

from similar ones in the market.

Indicate whether the statement is true or false


FALSE

Business

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Implied authority can be best described as a situation where:

A) The conduct of two parties indicate that they are acting in a principal and agent capacity. B) The principal and agent undertake actions in accordance with their earlier agreement that one act as agent for the other. C) The principal has made representations to a third party that someone is to act as her agent. D) The agent has made representations to a third party that he is acting as an agent for another. E) Both B and C

Business

Which of the following statements accurately brings out the difference between advertising and publicity?

A. Advertising utilizes paid media, whereas publicity relies on unpaid media. B. While advertising is primarily aimed at business customers, publicity is typically aimed at final consumers. C. While the Federal Trade Commission (FTC) can regulate a firm's publicity efforts, it cannot regulate its advertising campaigns. D. For most promotion objectives, advertising offers a lower cost and a more effective approach than publicity. E. Advertising depends on owned media, whereas publicity depends on earned media.

Business

Common law gives priority to lien holders in the order in which they file their liens

Indicate whether the statement is true or false

Business

Cranston Corporation makes four products in a single facility. Data concerning these products appear below: Products ABCDSelling price per unit$42.30$50.00$37.60$33.50Variable manufacturing cost per unit$20.80$30.70$21.00$19.90Variable selling cost per unit$2.70$2.10$1.00$2.40Milling machine minutes per unit 3.30 4.10 2.60 1.30Monthly demand in units 1,000 4,000 3,000 3,000The milling machines are potentially the constraint in the production facility. A total of 28,200 minutes are available per month on these machines.Which product makes the LEAST profitable use of the milling machines? (Round your intermediate calculations to 2 decimal places.)

A. Product A B. Product D C. Product C D. Product B

Business