The product life cycle is based on the time a product exists from conception to abandonment

Indicate whether the statement is true or false


true

Business

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Adam needs to generate ideas to find a solution to his problem. He has decided to ask the same question to each of his department heads. Each department head needs to write down as many answers as possible. He then goes over the answers and takes some time to discuss the ideas without criticism. He then puts the ideas up to a vote. Adam has used which type of team decision approach?

A. brainstorming B. Delphi technique C. nominal group technique D. problem-solving technique

Business

Opportunity costs are ignored for decision making

Indicate whether the statement is true or false

Business

_______ build goodwill by recognizing someone else's achievements or important events

A) Thank-you messages B) Congratulatory messages C) Condolences D) "For-your-information" messages E) Confirmation messages

Business

A(n) ________ is the geographic area where prospects and customers reside

Fill in the blanks with correct word

Business