Most buying center members are able to avoid personality factors from affecting decisions by using decision rules called heuristics

Indicate whether the statement is true or false


FALSE

Business

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Given the following cost data, what type of cost is shown? Total Cost # of units $3,500 1 $4,000 2 $4,500 3 $5,000 4

A) mixed cost B) variable cost C) fixed cost D) none of the above

Business

Planning for capital expenditures is necessary for all of the following reasons except:

A) machinery and other fixed assets wear out B) expansion may be necessary to meet increased demand C) amounts spent for office equipment may be immaterial D) fixed assets may fall below minimum standards of efficiency

Business

Which of the following strategies illustrates a market orientation?

a. Targeting the average consumer b. Implementing centralization c. Increasing overhead production costs d. Creating customer value

Business

In range partitioning, a table row is assigned to a partition by an algorithm and then maps the specified attribute value to a partition

Indicate whether the statement is true or false

Business