After need recognition, a business develops ________ that suppliers might use to develop their proposals.
A. derived demand
B. product specifications
C. determinant attributes
D. initiator instructions
E. focal alternatives
Answer: B
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People with a __________ style of decision making rely on information from both people and systems and like to solve problems creatively.
Fill in the blank(s) with the appropriate word(s).
Three Mexican retailers Famso, Grupo Gigante SA, and Grupo Comercial Chedraui SA have opened stores in the United States. This is an indication of:
A) U.S. retailers were lagging behind in collecting demographic information. B) the Mexican retailers provide better products than American stores. C) the Hispanic American segments represent a great opportunity for marketers. D) American businesses cannot compete with Mexican retailers. E) the Mexican retailers would like to compete with businesses like Best Buy and Circuit City.
Obligations not expected to be paid within the longer of one year or the company's operating cycle are reported as:
A. Current assets. B. Bills. C. Current liabilities. D. Operating cycle liabilities. E. Long-term liabilities.
In some organizations, R&D teams have been set up to expedite innovation and creative new product design. Originally coined by a Lockheed engineer during World War II, such groups are referred to as:
A. Scentworks B. Stinkworks C. Stenchworks D. Skunkworks