Positioning refers to consumers' perceptions about a product relative to competing products

Indicate whether the statement is true or false


TRUE

Business

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A firm that sends e-mail updates to customers about new products is engaging in personal selling

Indicate whether the statement is true or false

Business

When a firm analyzes the marketing environment, it is least likely to look at which of the following?

A) the firm's current strengths B) the firm's current weaknesses C) the actions of competitors D) the state of the economy E) the cost of developing a new product

Business

What is the key determinant of whether a product is a good or a service?

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

Business

Which of the following is not a direct cost for a scooter manufacturer?

A. Handle bars. B. Wheels. C. Grip tape. D. Brakes. E. Office rent.

Business