A report or presentation of marketing research is often the only part of a marketing research project that will be seen by those commissioning the report.

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


True

Business

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A customer ________ is any occasion on which a customer encounters the brand and product—from actual experience to personal or mass communications to casual observation

A) touch point B) point of order C) point of difference D) pivot point E) point of parity

Business

A liability for dividends is created

a. at the end of each fiscal year. b. at the date of payment. c. at the date of record. d. at the date of declaration.

Business

Economic theory predicts that rational customers will collect information only to the point at which the marginal benefit of obtaining the information in terms of incremental value to making a choice equals the marginal cost

Indicate whether the statement is true or false

Business

The petty cash fund at Brookshire Company has a designated balance of $250. The fund currently holds $125 in cash and $127 in petty cash tickets. Based on this information, which of the following statements is correct?

A) The total of the cash on hand plus petty cash tickets equals the designated fund balance. B) A shortage of $2 exists. C) To replenish the petty cash fund, the company must write a check, payable to Petty Cash, for $127. D) The petty cash fund custodian must locate the $2 discrepancy.

Business