In high tech firms, the group most likely to be responsible for the success of a product development process is:

A) scientists and engineers.
B) marketing.
C) consumers.
D) accounting/finance.


Answer: A

Business

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Universities, hospitals, and churches are examples of which type of corporation?

A) stock companies B) privately held companies C) nonstock companies D) publicly held companies

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________ is defined as the methodical identification, collection, analysis, and distribution of data to discover and solve marketing problems or enhance good decision making.

A. Market development strategy B. Marketing control C. Market research D. Marketing mix E. Market orientation

Business

When a corporation accepts legal responsibility for a contract, it is called novation

a. True b. False Indicate whether the statement is true or false

Business

Refer to the shipping costs for The Terra Cotta Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, which of the following statements is true?


a. The shipping costs from Danbury to Lakeland are $10,908.
b. The shipping costs from Aberdeen to Lakeland are $1,695.
c. The shipping costs from Aberdeen to Madison are $18,414.
d. The shipping costs from Fairview to Madison are $18,414.

Business