Firms should try to show the value of unsought products through promotion because people do not want them or know that they are available.
Answer the following statement true (T) or false (F)
True
Unsought products are products that potential customers don't yet want or know they can buy, so they don't search for them at all. In fact, consumers probably won't buy these products if they see them unless promotion can show their value.
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How does Nobel laureate Milton Friedman's view of the firm's social obligations tie in with shareholder capitalism?
What will be an ideal response?
What information does the sales budget provide for pro forma financial statements?
A. Cash collections from customers to be used on the pro forma balance sheet B. Total budgeted sales to be used on the pro forma income statement C. The ending balance in accounts payable, which appears on the pro forma balance sheet D. All of the answers are correct.
How are the standard deviation and the variance similar? How are they different?
What will be an ideal response?
A terminated life estate property reverts to the grantor or the grantor's estate or other designated person.
Answer the following statement true (T) or false (F)