Which of the following is part of the microenvironment of a company's marketing environment?
A) a just-in-time inventory system used by the company when making purchase decisions
B) a set of laws that require the company to scale down its telemarketing calls to customers
C) a changing demographic picture that requires the firm to make product adaptations
D) a new technology that would ensure significant cost-cutting if implemented in the firm
E) a set of environmental sustainability laws that significantly impact the company's production processes
A
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Danko International is a multinational company that targets the BRIC countries (Brazil, Russia, India, and China) because they're fast-growing developing economies and use ________ to segment its world markets
A) political factors B) legal factors C) personality factors D) economic factors E) cultural factors
The level of significance is the
a. maximum allowable probability of Type II error. b. maximum allowable probability of Type I error. c. same as the confidence coefficient. d. same as the p-value.
As part of logical design, analysts design the various parts of the system to perform the physical operations necessary to facilitate data capture, processing, and information output
Indicate whether the statement is true or false
If a company understates its count of ending inventory in Year 1, which of the following is true?
A. The balance of retained earnings is correct at the end of Year 2. B. Costs of goods sold is understated at the end of Year 1. C. Profit is correct in Year 2. D. The balance of retained earnings is overstated at the end of Year 1.