Why is price considered one of the most flexible elements of the marketing mix?
What will be an ideal response?
Unlike product features and channel commitments, prices can be changed quickly.
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From the stockholder's point of view, a stock split has the same end result as a stock dividend
Indicate whether the statement is true or false.
The Jarvis family owned its land for more than 150 years. The Jarvis family traditionally farmed the land and for that purpose maintained farm animals. As years passed, most of the surrounding farms were sold by the owners and the area turned out to be
a close-in suburb of a major city. A zoning ordinance was passed that prohibited maintaining a barn or farmyard animals on the land. The Jarvis family was advised that they were unaffected by this ordinance because theirs would be considered a nonconforming use. The members of the Jarvis family lost interest in farming and sold off all their animals. Seven (7 ) years later, a family member desired to raise a few pigs on the property. Angry neighbors asserted that the family has lost the right to do so. What is your opinion?
How have organizations evolved into vertical silos over the years? What impact does this have on information sharing?
What will be an ideal response?
Typically, the shadow storage space is nearly unlimited
Indicate whether the statement is true or false.