Firms become value driven, in part, by sharing information about their customers and competitors across their own organization and other firms.
Answer the following statement true (T) or false (F)
True
Firms become value driven by sharing information about their customers and competitors across their own organization and with other firms that help them get the product or service to the marketplace, such as manufacturers and transportation companies.
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A probability sampling technique in which the sample is chosen by selecting a random starting point and then picking every ith element in succession from the sampling frame is called ________
A) simple random sampling B) snowball sampling C) cluster sampling D) systematic sampling E) succession sampling
While deciding whether or not to begin a construction project overseas, BuildBest learned that they would not be able to get permits for demolition until they paid a local city official a sizable fee in addition to the fees the city charges for the
permit. This is an example of ________. A) bribery B) nationalization C) extortion D) fair trade E) locavorism
When marketers say that services are ________, they are referring to the fact that services cannot be touched, tasted, or seen, like a pure product can.
A. heterogeneous B. perishable C. intangible D. replenishable E. inseparable
Sal Simpson and Jeff Gibbons entered into a contract for Gibbons to sell his property to Simpson. The closing date was to be January 13, 2015. They also opened an escrow for closing and put the closing date as January 13, 2015. The contract provided that if the closing did not occur by January 13, 2013, either side could terminate the agreement. The property did not close on January 13, 2015, so
Gibbons sent a letter to Simpson canceling the transaction. The escrow agent received all the necessary funds and documents by January 14, 2015 and went ahead and closed on the sale. Gibbons wants his property back. Which of the following is correct? A)?Gibbons must convey title to the property because all requirements for closing were met. B)?Gibbons is entitled to have the title restored to him because the contract time for closing controlled the transaction. C)?Simpson lost the right to purchase the property by having escrow instructions. D)?Gibbons cannot stop the actions of an escrow company once the escrow is established.