A common situation involving strict liability includes which of the following?

A) operating a motor vehicle
B) blasting operations
C) manufacturing a product
D) mining operations


Answer: B

Business

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Jennifer Bloom is writing a paper and she must determine which of Porter's three generic strategies The Museum Company has implemented. Jennifer finds out that The Museum Company offers specialty products found only in museums around the world to affluent customers. What would Jennifer determine The Museum Company is using as its generic strategy?

A. Narrow market, low cost. B. Broad market, high cost. C. Narrow market, high cost. D. Broad market, low cost.

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The six major external factors that can influence the marketing environment of a firm are: economic factors, domestic factors, international factors, political factors, legal factors, and sociocultural factors.

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

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Personal selling is likely to be an effective method of promotion for reaching the opinion leaders in the early adopter group.

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

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