Operating activities:
A) Are the means organizations use to pay for resources like land, buildings and equipment.
B) Involve using resources to research, develop, purchase, produce, distribute and market
products and services.
C) Involve acquiring and disposing of resources that a business uses to acquire and sell its
products or services.
D) Are also called asset management.
E) Are also called strategic management.
B) Involve using resources to research, develop, purchase, produce, distribute and market
products and services.
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Indicate whether the statement is true or false
A lifestyle may be defined as a distinctive pattern of living that is described by the activities people engage in, the interests they have, and the opinions they hold of themselves and the world around them (AIOs)
Indicate whether the statement is true or false
Nick is summarizing his research findings and writing a report to share with his team. What step in the marketing research process is Nick in?
A. peer review B. evaluation C. analyzing outcomes D. taking action E. implementation
William, who is a waiter, is injured when an unopened bottle of cola explodes in his hand while he is putting it into the restaurant's cooler. If William wants to sue the bottling company for his injuries:
a. he will lose, because it will be impossible for him to prove that the bottle was overpressurized by the bottler. b. he will lose, because the bottling company has no duty to him. c. he will probably win if the court allows him to use the res ipsa loquitur doctrine. d. he will win based on the last clear chance rule.