With fewer products being introduced in the marketplace today, it is easier for customers to decide what to buy and who to buy it from
Indicate whether the statement is true or false
FALSE
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Replacing merit grids with ________ eliminates the link between the pay increase and the employees' salary position in the range and performance rating.
A. bonuses B. job evaluation plans C. skill- or competency-based plans D. bands
In the model of buyer behavior, which of the following is NOT a major type of force or event in the buyer's environment?
A) economic B) technological C) social D) political E) cultural
Manning Inc is contemplating the rental of a special tool for $45,000 per month. If their tax rate is 40%, what is the after-tax monthly cost of renting the tool?
A) $27,000 B) $18,000 C) $63,000 D) $45,000
Which of the following is FALSE with regard to transport by rail?
a. Railroads generate the most revenue in terms of ton-miles shipped. b. The railroad industry has few freight carriers. c. Customers relying on transporting freight by rail have many choices. d. Customers face pricing inflexibility.