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
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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
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.
An entire manufacturing system with unbalanced operations that emphasizes total system performance is
A. quality circles. B. synchronous manufacturing. C. JIT. D. concurrent engineering.
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.