Having products available when customers want them creates
A. possession utility.
B. place utility.
C. time utility.
D. form utility.
E. feature utility.
Answer: C
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In 2013, the 10 most populous countries in the world accounted for just over ________ percent of the world income
A) 20 B) 30 C) 40 D) 50 E) 60
If a business produces 400,000 units and the market demand for the product is 2 million units, what is its percentage of market share?
A) 8% B) 20% C) 16% D) 40% E) 80%
Companies provide rewards to customers who buy often and in substantial amounts. These reward schemes are referred to as ________ programs
A) benefit B) frequency C) satisfaction D) profitability E) quality
One of the attributes of an effective group is that they focus on stated positions, not interests or needs.
Answer the following statement true (T) or false (F)