For the average college student, a retirement account would be a shopping product.
Answer the following statement true (T) or false (F)
False
Most college students are not thinking of preparing for retirement, so a retirement account would be an unsought product. Unsought products are those that consumers either do not normally think of buying or do not know about.
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The cause of changes in key ratios must be investigated before drawing conclusions
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT one of the four main applications of data mining for marketers?
A) customer retention B) customer acquisition C) customer abandonment D) competitive intelligence E) market basket analysis
Which of the following is not true about the global standardization of a firm's manufacturing operations?
A. Fewer labor hours are needed for plant design because each new plant is essentially a scaled-up or scaled-down version of an existing one. B. Standardization of production processes simplifies organization at headquarters by enabling the work to be accomplished with a smaller staff of support people. C. The permanent group of experts that international companies maintain to give technical assistance to overseas plants will be larger but can be shared across more countries and sites. D. Extra technicians accustomed to working with the same machinery can be borrowed from the domestic operation as needed.
If the goals of JIT partnerships are met, which of the following is a result?
A) For incoming goods, receiving activity and inspection are outsourced. B) In-transit inventory falls as suppliers are located closer to facilities. C) Suppliers maintain a variety of customers to reduce risk. D) In-plant inventory replaces in-transit inventory. E) All of the above are consequences of meeting the JIT partnership goals.