____________ lies where the product has a strong feature in an area that is important to the target and the competition is weaker.
a. Position
b. Competitive advantage
c. Differentiation
d. Brand position
e. Brand equity
Answer: b. Competitive advantage
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________ allowances are payments or price reductions that reward dealers for participating in advertising and sales support programs
A) Promotional B) Trade-in C) Segmented D) Functional E) Dynamic
Information provided by a job order costing system will assist management decision making in all but which of the following ways?
a. Management can do a better job in controlling costs both for an entire department or a specific job. b. Management is made aware of significant variances more quickly. c. Knowing the cost of a particular job allows management to better estimate the cost of future jobs. d. All of the above statements are correct.
Which of the following statements about group insurance underwriting principles is true?
A) Employees should be required to remit premiums directly to the insurance company. B) The average age of the group should ideally increase over time. C) A group should be formed for the specific purpose of obtaining insurance. D) A flow of people through the group is desirable.
If a stock offering is made only to "accredited investors," there is no limit on the amount of the offering for the exemption to apply
Indicate whether the statement is true or false