As it relates to customers, the aim of marketing is to

A. increase profits by ensuring customers pay the highest price possible for a product.
B. provide customers with value.
C. generate repeat sales from each and every customer.
D. reduce the number of customer complaints.
E. accurately and truthfully advertise the product.


Answer: B

Business

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During the ________ stage of group development, the team is fully functional and working together to accomplish the project goals.

Fill in the blank(s) with the appropriate word(s).

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Which of the following examples best represents product class competition in drip coffee machine category?

A) other brands of coffee drip machines B) percolators and espresso machines C) juicers and water purifiers D) products such as pots and pans

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Defend or refute: Personality assessment instruments are accurate ways of identifying potential leaders within organizations.

What will be an ideal response?

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Carl receives an IAT score that suggests a bias in favor of Caucasian males. What can we expect from his behavior?

a. The results show Carl will not reduce his sexist and racist behavior. b. Carl will behave in a racist manner at work. c. The results do not predict any specific behavior pattern from Carl. d. Carl will behave in a sexist manner at work.

Business