A construct is an unobservable or latent variable that can be defined in conceptual terms that

can be measured directly.

Indicate whether the statement is true or false


FALSE

Business

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The ________ index is calculated using the formula based on hierarchical set of customer response effects: Exposed to Ad X Aware of Ad X Comprehend the Ad X Intend to Buy X Buy the Product

A) customer response B) marketing benefit C) market penetration D) brand awareness E) market share

Business

Adapt to a small business the process of marketing strategy formulation presented in Exhibit 2–4.

What will be an ideal response?

Business

TQM emphasizes hierarchical structures and managerial control of employees and work processes

Indicate whether the statement is true or false.

Business

Strategic compensation is the term used for all the processes used to determine the market rates to pay employees.

Answer the following statement true (T) or false (F)

Business