Pratt & Austin wholesale paper products are sold in gift shops, department stores, and some specialty stores. When one of the firm's salespersons entered the office of the buyer for Dillard's department store, he handed the buyer a pocket planner that featured nature pictures by artist Andrea Tachiera. What kind of approach was the Pratt & Austin salesperson using?
What will be an ideal response?
He was using the premium approach.
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Answer the following statements true (T) or false (F)
1. Because decision makers have been out of school the longest, they are typically the ones who are most uncomfortable and unfamiliar with new technology. 2. The more a job deals with ambiguous and uncertain situations, the more information is needed to provide quality service product. 3. Employee empowerment to fix service failures at the point of failure reduces the need for tracking information up through management for decisions to be made later. 4. The best way to manage information is to keep it in the hands of the managers who make those decisions.
If the assets of a company increase by $55,000 during the year and its liabilities increase by $25,000 during the same year, then the change in equity of the company during the year must have been:
A. A decrease of $30,000. B. An increase of $80,000. C. An increase of $25,000. D. A decrease of $80,000. E. An increase of $30,000.
A risk manager analyzed fleet accident data to help determine which loss control measures would provide the greatest safety incentives for drivers. Examining data to generate information that will help make more informed decisions is called
A) predictive analytics. B) catastrophe modeling. C) sensitivity analysis. D) data mining.
Conflicts with the retailer may develop if the dealer decides to place too much emphasis on competing product lines.
Answer the following statement true (T) or false (F)