In the marketing plan outline, the ________ section provides a sketch of the market in which the

plan is to be implemented.

A) competitive landscape B) market segments
C) implementation D) market overview


D

Business

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The industries in which one company has historically chosen to be the first in changing price or making some other marketing-mix or strategic decision, ________ concept of game theory is used

A) prisoner's dilemma B) Nash equilibrium C) best strategy D) leader-follower

Business

Service of process:

a. must be made personally. b. can be done by the plaintiff. c. involves the service of a complaint and summons on the defendant. d. can be waived under federal rules. e. Both c and d

Business

Unsophisticated capital budgeting techniques do not:

A) examine the size of the initial outlay. B) use net profits as a measure of return. C) explicitly consider the time value of money. D) take into account an unconventional cash flow pattern.

Business

Albert read Gem City's ad in the local newspaper advertising a one-quarter carat diamond ring for $89. Albert rushed to the store to buy the ring, only to be told by the salesperson that the ad was a misprint and the price should have been $289. Albert gave the salesperson $89 plus sales tax and demanded the ring. In this case:

A) the ad is a firm offer by the merchant, and the ring must be sold for $89. B) the ad is a contract and the store must abide by terms stated in the contract. C) the store must accept the price stated in the ad, but only if Albert has a copy of the ad with him. D) Albert is merely making an offer to Gem City to buy the ring for $89 plus sales tax.

Business