Each judge had his or her personal beliefs and philosophy, which shape the legal reasoning process

Indicate whether the statement is true or false


T

Business

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Benz & Frendz Corp, a manufacturer of high end consumer durables, experienced sluggish sales growth in most of its product categories during three consecutive quarters of 2009

However, market analysis revealed that its competitors' sales had also slackened during this period. Analysts pointed out that when all firms are losing sales, it is extremely important to adopt strategies that are aimed at retaining customers. This led the firm to reduce operation costs while maintaining product quality. They also revamped their marketing strategy to focus on the values created by their products. Which of the following can be inferred from the strategies adopted by the firm? A) The company was trying to protect its market share and continue to operate as a market leader. B) The company was focusing on geographical expansion. C) The company was aiming to capture a new market segment. D) The company was marketing its products amidst an economic downturn. E) The company was focusing on market penetration.

Business

There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for customers?

A. Reliable contracts B. Professional associations C. Fair compensation D. Exceptional customer service

Business

What type of panel would be used to determine how consumers feel about two different product concepts by varying panel questions from one panel measurement to the next?

A) inquisitional panel B) discontinuous panel C) population panel D) continuous panel E) repeatability panel

Business

Government funding made directly to an organization is called a/an ______.

A. fee B. grant C. invoice D. contract

Business