Purchasers who purchase products for personal or household use and not for business purposes are called the
A. ultimate consumers.
B. end-use consumption group.
C. business market.
D. household purchasing group.
E. organizational market.
Answer: A
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Nike came under fire from critics who alleged poor working conditions in the factories that make the company's athletic shoes. This is an example of the demand for:
A) labor unions. B) equal opportunity employment. C) higher wages. D) standards for working conditions. E) corporate social responsibility.
Which unique characteristic of services is the variability of the inputs and outputs of services, which causes services to tend to be less standardized and less uniform than goods?
A. intangibility B. inseparability C. heterogeneity D. perishability E. flexibility
Special purpose accounting frameworks are considered generally accepted accounting principles (GAAP) for state and local governments.
Answer the following statement true (T) or false (F)
Employee engagement fosters creativity and innovation
a. True b. False Indicate whether the statement is true or false