Analysts know that a country with a large population is always a better market than a country with fewer people.
Answer the following statement true (T) or false (F)
False
The fact that many developed nations have fewer than 10 million inhabitants shows that population size alone is a poor indicator of economic strength and market potential. Only for a few low-priced products, such as soft drinks, cigarettes, and soap, might population size alone provide a basis for estimating consumption.
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Customer service guarantees are becoming less common because service companies can't live up to their promises.
Answer the following statement true (T) or false (F)
The buying objective for nonprofit firms and government agencies is usually to
A. meet the needs of the groups they serve. B. increase profits through increasing revenues. C. reduce profits through reducing costs and reducing revenues. D. increase profits through reducing costs. E. maintain profits through reducing costs and increasing revenues.
Since 1974, commercial banks' importance as a source of funds for borrowers has shrunk dramatically, from around ________ percent of total credit advanced to near ________ percent by 2012
A) 60; 30 B) 40; 22 C) 25; 20 D) 30; 15
A user's presence must be visible and generally known in the area, so that the owner is on notice that his title is contested.
Answer the following statement true (T) or false (F)