The ________ budget is thought of as a "budget of budgets."

A. capital
B. cost
C. sales
D. production
E. master


Answer: E

Business

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Costco's surprise offerings of seconds, overstocks, and closeouts—occasionally including diamonds—is an example of how a retailer can differentiate itself through its ________

A) merchandise mix B) services mix C) destination retailing D) store atmosphere E) level of service

Business

Briefly compare and contrast the concepts of needs, wants, and demands and provide examples to illustrate your answer. How do these three concepts relate to marketing practices?

What will be an ideal response?

Business

Which type of suggestion method seeks to create doubt about a competitor's products?

A. Empathic suggestion B. Manipulative suggestion C. Suggestive proposition D. Autosuggestion E. Indirect suggestion

Business

The contractual process begins with a legal offer

Indicate whether the statement is true or false

Business