Which of the following business practices focuses specifically on designing the organization and setting up processes to respond quickly to changes in the environment?
A) benchmarking
B) outsourcing
C) focusing
D) accelerating
E) globalizing
D
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Market segments refer to
A. the smallest number of buyers that have similar needs but do not react similarly in a buying situation. B. all potential buyers of a product or service who intend to purchase a firm's products or services but who have not yet done so. C. the relatively heterogeneous groups of prospective buyers that result from the market segmentation process. D. the relatively homogenous groups of prospective buyers that have common needs and will respond similarly to a marketing action. E. all buyers of a product or service who have previously purchased a particular firm's products or services and who intend to repeat that purchase sometime in the future.
The value to consumers that comes from having the offering available when they need it constitutes ________ utility.
A. time B. market C. possession D. form E. place
The purchase of new equipment with a note payable is included on the statement of cash flows as a(n)
a. operating activity; b. investing activity; c. financing activity; d. schedule of noncash investing and financing activities; e. schedule of cash investing and financing activities
The settlement option chosen by most policyholders is:
A. lump sum. B. interest only. C. fixed amount. D. fixed time. E. life income.