The product life cycle shows that sales of an individual firm's brand follows a general pattern-which is very useful for marketing strategy planning.

Answer the following statement true (T) or false (F)


False

The sales and profits of an individual brand may or may not follow the life-cycle pattern.

Business

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________ and direct selling are two methods of personal selling used to generate sales.

A. Advertising specialties B. Telemarketing C. Public relations D. Sales promotion E. Infomercials

Business

The issuance of a note is recorded, on the books of the borrower, by crediting Cash and debiting Notes Receivable

Indicate whether the statement is true or false

Business

Major credit reporting agencies must provide consumers with free copies of their own credit reports every six months

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

Business

____ systems have become a necessity for businesses looking to streamline production.

A. Procurement management B. Supply chain management C. Logistics streamlining D. Customer relationship

Business