Which of the following best completes the statement, ‘A ______ is a group of consumers once considered too small and inaccessible for marketers to pursue. Marketers are now able to offer ______ products that appeal to small, specialized groups or people.’ ?

a. Niche market, niche.
b. Micromarket, specialized.
c. Niche market, specialized.
d. Micromarket, personalized.
e. Micromarket, niche.


e. Micromarket, niche

Business

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The constant feedback loop of the ______ is designed to ensure plans stay headed in the right direction.   

A. means-end chain B. planning/control cycle C. control system D. project management method E. project planning sequence

Business

Which of the following is NOT necessary for a product-related objective to be effective?

A) It should focus on short-term implications. B) It should be measurable. C) It should be feasible. D) It should indicate a specific time frame. E) It should be clear.

Business

Methods that ignore present value in capital investment analysis include the cash payback method

Indicate whether the statement is true or false

Business

A company purchases equipment for $32,000 cash. This transaction should be shown on the statement of cash flows under:

A) investing activities. B) financing activities. C) noncash investing and financing activities. D) operating activities.

Business