Which of the following best conveys the essence of learning curves?
A) As the number of repetitions increases, time per unit increases.
B) As the number of repetitions decreases, time per unit increases.
C) As the number of repetitions increases, time per unit decreases.
D) As the number of repetitions increases, time per unit remains constant.
E) As the number of repetitions increases, time per unit doubles.
C
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The process of planning, implementing, and controlling the personal selling function is called:
A) leadership B) sales management C) comptrolling D) organizational strategy E) motivation
Marco wants to buy a new car that is of good quality and available at an affordable price. After exploring the available options, Marco decides to purchase a car made by a popular car manufacturer, which has a high retail price but offers very low operating and maintenance costs. In this scenario, the pricing strategy employed by the car manufacturer is ________.
A. target ROI B. value pricing C. price skimming D. competitor-based pricing E. penetration pricing
Under the common law the location of title formed the basis of the sale of goods to the buyer
Indicate whether the statement is true or false
The__________holds that the bulk supplier has a duty to take reasonable steps to insure that its buyer is knowledgeable and equipped to provide warnings to the ultimate users, but it does not have to police the details of what is done as the product continues down the chain of use
a. commercial-supplier doctrine b. final-supplier doctrine c. bulk-supplier doctrine d. small-scale supplier doctrine e. Wal-Mart-supplier doctrine