Most markets for products are made up of individuals or groups with diverse needs for products and are called ____ markets.
A. undifferentiated
B. concentrated
C. homogeneous
D. differentiated
E. heterogeneous
Answer: E
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In your neighborhood there is a small men's store that has a limited selection of clothing, but the selection that is carried is of very high quality and price
Services include free alterations and tailoring, personalized record keeping, and free dry cleaning. The inside of the store has deep leather chairs and couches and thick pile carpet. Upon entering the store, a customer feels "special and rich." In terms of differentiation, what is this retailer trying to communicate by its decorations and service level? A) differentiation based on services mix and atmosphere B) differentiation based on prepurchase services C) differentiation based on postpurchase services and atmosphere D) differentiation based on ancillary services and atmosphere E) differentiation based on prepurchase and postpurchase services
If in the current year a purchase was not recorded but the purchased item was included in ending physical inventory, which one of the following situations occurs for the current year?
A) Working capital is understated, and net income is overstated. B) Working capital and net income are understated. C) Working capital is overstated, and net income is understated. D) Working capital and net income are overstated.
In Hofstede's _______________ society, the level of inequality is endorsed by followers as well as by leaders.
Fill in the blank(s) with the appropriate word(s).
Identify the helping verb in the sentence. Mr. Gentry does strongly favor the concept of self-directed work teams