Some regulations target specific industries or businesses

Indicate whether the statement is true or false


TRUE

Business

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A target price is an estimate of a price for a product or service that potential customers will be willing to pay

Indicate whether the statement is true or false

Business

The promotion component of the marketing mix involves:

a. pricing strategies. b. personal selling. c. product packaging. d. manufacturing strategies.

Business

A system fails 20 times in 800 hours of operation. The MTBF of the system is ______.

a. 40 hours b. 29 hours c. 32 hours d. 55 hours

Business

If you have a car accident in which a person in the other car is injured, the type of insurance that would protect you from financial loss is

A) life insurance. B) homeowners insurance. C) health insurance. D) auto insurance.

Business