?A market is a group of individuals and/or organizations that have needs for products in a product class and have the ability, willingness, and authority to purchase these products.

Answer the following statement true (T) or false (F)


True

Business

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When customers calculate the perceived economic benefits of a continuously provided service in relationship to the economic costs, they are gauging the ________ equity

A) private B) brand C) payment D) customer-service E) product-service

Business

The marketing technique known as ________ involves merchants offering many products for which there is little demand.

A. long tail marketing B. flash marketing C. yield management D. bait-and-switch

Business

Which of the following is NOT a practice that an effective leader should adopt?

A. Talking as little as possible to draw more opinions and ideas of the participants B. Allowing participants to disagree tactfully with one another C. Making negative comments when a participant puts forth an impractical idea D. Including only those people who have direct inputs to the results of the discussions

Business

Blogs are used by individuals to share their ideas and hobbies but are inappropriate for business

Indicate whether the statement is true or false

Business