Which of the following is an example of a nonprofit organization?
A. The Humane Society
B. American Medical Association
C. The Democratic party
D. State Farm Insurance
E. Teamsters Union
A. The Humane Society
A nonprofit organization is formed to offer services to some clients, as the Humane Society does, not to make a profit.
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Della, an officer for Energy Petrol Corporation (EPC), buys 100 shares of EPC stock. One week later, EPC announces that it will merge with a competitor, Fuel Oil Company, and the price of EPC stock increases. One month later, Della sells her shares for a profit. Under Section 16(b) of the Securities Exchange Act of 1934, Della would not be liable if, after buying the stock, she had waited
a. less than fourteen days to sell it. b. more than six months to sell it. c. ninety days to sell it. d. two months to sell it.
Several conditions must exist for market segmentation to be successful. These conditions include all of the following except
A. the total market should be divided so that segments can be compared on sales potential, costs, and profits. B. customers' needs for the product must be homogeneous. C. the company must be able to reach the chosen segment with a particular marketing mix. D. segments must be identifiable and divisible. E. at least one segment must have enough profit potential to justify developing and maintaining a special marketing mix for that segment.
Which of the following completes the phrase, ‘______ is the active participation and influence of others on a consumer’s decision-making process, typically in the form of opinions, recommendations, and experiences shared via social media.’?
a. Social shopping. b. A social storefront. c. Social purchasing. d. Collaborative purchasing. e. Social commerce.
Low cost life insurance, often available without a physical exam, is generally offered by
A) Internet insurance companies. B) mutual insurance companies. C) employer-sponsored group insurance plans. D) independent insurance agents.