A company applying a market penetration strategy grows market share by marketing

innovative products and services to new sets of customers.

Indicate whether the statement is true or false


FALSE

Business

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McDonald's, Subway, and Jiffy Lube are all examples of ________

A) voluntary chains B) retailer cooperatives C) franchises D) category killers E) power centers

Business

The difference between goods available for sale and ending inventory is:

a. gross profit. b. cost of goods sold. c. net sales. d. net purchases.

Business

An entire manufacturing system with unbalanced operations that emphasizes total system performance is

A. quality circles. B. synchronous manufacturing. C. JIT. D. concurrent engineering.

Business

Which is not a function of the leader of a meeting?

A) Encouraging quieter members to participate. B) Summarizing the accomplishments at the end of the meeting. C) Ensuring that participants support their ideas with evidence. D) Stating the purpose and previewing the agenda at the start. E) Keeping participants focused on agenda items.

Business