Manufacturers should concentrate their efforts at trade shows on each of the following buyer groups, except:
A) solution seekers
B) buying teams
C) power buyers
D) education seekers
D
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It has been discovered that an overseas manufacturing facility your company uses has been employing child labor despite your position against it. You are contemplating relocating your manufacturing to another country where costs are somewhat higher but workplace standards are more tightly controlled. In using Bagley's ethical decision tree, you determine it would be unethical NOT to relocate, so you should
A. relocate the facility, but don't tell shareholders about potentially smaller profits. B. warn the manufacturer that you will relocate should a violation occur again. C. continue to use the facility, despite your objections, because this will maximize shareholder value. D. relocate the facility, and tell the shareholders how this will affect their returns. E. continue to use the facility, because it is benefitting your company, and all workers, even underage ones.
Explain why business demand is considered a derived demand. Provide an example
What will be an ideal response?
Perceived risk is
A. the anxiety felt because the consumer cannot anticipate the outcomes of a purchase but believes there may be negative consequences. B. the personal, social, and economic significance of the purchase to the consumer. C. the feeling of postpurchase psychological tension or anxiety that consumers may experience when faced with two or more highly attractive alternatives. D. an unmerited fear of being taken advantage of in an exchange situation. E. the degree to which a seller is willing to make an exchange based upon a customer's credit worthiness.
Answer the following statements true (T) or false (F)
Congress has recently been concerned with the laxity of auditors in detecting and disclosing fraud.