Marketing communications are used both before and after a consumer has purchased a product

Indicate whether the statement is true or false


TRUE

Business

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Gina supervises Ritesh by staying out of his way, fostering his confidence, and letting Ritesh make the choices on how to accomplish goals. What leadership style is Gina using?

What will be an ideal response?

Business

A purchase decision made with significant but not extensive effort is classified as ________

A) habitual decision making B) extended problem solving C) independent heuristic rating D) dependent heuristic rating E) limited problem solving

Business

Which of the following would be considered goods?

A) company shares B) crops C) trade secrets D) money

Business

Cheong Automobiles Company fabricates automobiles

Each vehicle includes one wiring harness, which is currently made in-house. Details of the harness fabrication are as follows: Volume 1,300 units per month Variable cost per unit $12.50 per unit Fixed costs $15,000 per month An Indonesian factory has offered to supply Cheong Company with ready-made units for a cost of $17 for each harness. Assume that Cheong's fixed costs are unavoidable and that Cheong will not be able to use the excess capacity in any profitable manner. If Cheong decides to outsource, monthly operating income will ________. A) increase by $5,850 B) decrease by $15,000 C) increase by $15,000 D) decrease by $5,850

Business