What is polymorphism?
What will be an ideal response?
Polymorphism is the ability of an operation with the same name to respond in different ways depending on the class context. Polymorphism is often used with inheritance, where you might have two children of a class with a method that has the same name but does different things for each child.
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Management vision is a driving force for global integration
Indicate whether the statement is true or false
Which of the following is true of a pure competitive market?
A) A single seller has a major effect on the current and future market price. B) Companies spend significantly on marketing research and product development. C) The advertising budget of companies is usually huge. D) Sellers try to develop differentiated offers for different customer segments. E) Sellers spend little time on marketing strategy.
You usually don't need a visual aid giving the purpose of your presentation
a. true b. false
The steps in customer oriented pricing are beneficial in that they:
a. help distinguish between "carriage trade" and "bargain basement" customers b. serve as a decision-making framework for pricing in the high-tech environment c. allow the marketer to make a quick and easy pricing decision d. provide the marketer with a greater understanding of the customer's cost limitation e. ensure profitability based on cost versus price