Which of the following represents a mathematical method of handling imprecise or subjective information?
A. Genetic algorithm.
B. Fuzzy logic.
C. Market basket analysis.
D. Statistical analysis.
B. Fuzzy logic.
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Which of the following is true with regard to pure competition?
A) Under pure competition, no single buyer or seller has much effect on the going market price. B) In a purely competitive market, marketing research is of utmost importance. C) In a purely competitive market, product development is the focus of most firms. D) Under pure competition, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price. E) Under pure competition, the market consists of only a few large sellers.
What is the FTC three-day cooling off rule? What purpose does the rule serve?
What will be an ideal response?
Stock held to meet a firm’s expected or normal demand is ______ stock.
A. cycle B. required C. surplus D. seasonal
?Marketing costs consume about one-half of a buyer's dollar.
Answer the following statement true (T) or false (F)