When selling a business, which of the following is not good advice?
a. Sell when the timing is right.
b. Sell when sales are peaking.
c. Sell when profits are low.
d. Sell when inventory is high.
ANSWER: c
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The presence of increasing opportunity costs gives rises to production possibilities frontiers that are
a. downward-sloping straight lines. b. upward-sloping straight lines. c. bowed outward from the diagram's origin. d. bowed inward toward the diagram's origin.
Marketing plans should be written because:
A) it provides a concrete history of the product's strategies. B) it is mandatory for a registered firm to have a written marketing plan. C) it considers the external environment alone to make decisions. D) written marketing plans can be distributed to all stakeholders.
Business marketers have a broader customer base and a larger number of buyers compared to consumer marketers
Indicate whether the statement is true or false
A social media strategist noted that “smart brands use ______ in meaningful ways, and most of them use their brand name as a way to make sure customers can find and recognize them.”
A. Blogs B. Twitter C. Facebook D. LinkedIn