Which statement is not true about simulated test markets?

A) While a firm's test marketing is in progress, competitors have an opportunity to beat it to the national market.
B) Competitors often take actions such as increasing their promotional efforts to contaminate the test marketing program.
C) Both A and B are not true about simulated test markets.
D) They yield mathematical estimates of market share based on initial reaction of consumers to a new product.


C

Business

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Common law arises when:

A. courts are called upon to resolve disputes for which there is no statute or other source of law establishing a rule. B. constitutional statutes are found to interfere with the freedom of expression. C. the government wishes to encourage certain kinds of investments. D. there are statutes and other sources of law establishing a particular rule and the courts decide to improvise this existing statutory law.

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Audit firm culture is one of the primary drivers of audit quality

a. True b. False Indicate whether the statement is true or false

Business

Managers group similar jobs into a pay grade in order to help with the setting of wages for all jobs.

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

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To increase an asset account, we would ________ it and to increase a liability account, we would ________ it.

Fill in the blank(s) with the appropriate word(s).

Business