Many companies start with cost to determine price since revenue must cover cost for the firm to make a profit
Indicate whether the statement is true or false
True
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Answer the following statements true (T) or false (F)
1. Lack of demand for product is a drawback associated with global supply chain design and location. 2. A step in the supply chain design and location decision-making process is to identify the market for its products. 3. The frequency of government inspections is a critical success factor in locating facilities in the service sector. 4. Customer safety is a critical success factor associated with the decision to locate in a particular country.
Which of the following is a segmentation technique that combines geography with demographics?
A) geocoding B) geodemography C) geodiversity D) regional generation E) psychographics
Iota Designs thinks its new product, the Automatic Dog Walker, will have a short product life cycle; therefore, its marketing department sets its primary pricing objective as
A. market share. B. cash flow. C. profit. D. product quality. E. status quo.
The accounting rate of return uses cash flow
Indicate whether the statement is true or false