Before a principal can ratify a contract, the third party must withdraw from the deal.
Answer the following statement true (T) or false (F)
False
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Most groups exhibit a structure called a ________ in which some members are somehow better off than others in terms of authority, power, or respect
A) status hierarchy B) social array C) social class D) mass class
Why are prestige products often an exception to the law of demand?
A) The demand curve for prestige products slopes downward and to the right. B) Increasing the price of prestige products can make them seem more desirable. C) Demand for prestige products often is greater than supply. D) Prestige products such as diamonds, sapphires, and emeralds are nonrenewable resources. E) Customers are more aware of any price changes to prestige products.
A sales engineer opens his presentation by saying "Hi, Mr. Johnson. I am Grover Forbes from Pearson Chemicals." He is using the showmanship approach.
Answer the following statement true (T) or false (F)
In the customer relationship management (CRM) process, once higher-value customers are identified, firms should focus on identifying and attracting other groups by providing them with customized products and better services
Indicate whether the statement is true or false a. True b. False