A newly-invented apple peeling and coring machine for the consumer market would be considered a(n)
A. shopping product.
B. discretionary product.
C. convenience product.
D. specialty product.
E. unsought product.
Answer: E
You might also like to view...
With the help of which of the following, a marketing manager can assess competitors' core strategies?
A) talking to the competitors' employees B) studying the competitors' marketing communications C) talking to the customers D) studying the government data sources
Provide definitions for the following types of investments.
a. Controlling interest equity investment b. Available-for-sale debt investment c. No significant influence equity investment
Darrell owns a parcel of land that is encumbered by a mortgage held by the First National Bank. Darrell agrees to sell the land to Paul for $50,000 . Darrell and Paul together go to the First National Bank to discuss the sale and purchase with the banker. Darrell, Paul, and the banker sign an agreement stating that Paul will assume the mortgage and that Darrell will be discharged from all further
liability on the mortgage. In this case: a. the bank is a third party donee beneficiary. b. the bank can collect from Darrell if Paul defaults. c. Darrell is a third party beneficiary of the agreement between Paul and the bank. d. the agreement among the three is a novation.
Customer loyalty cannot be earned.
Answer the following statement true (T) or false (F)