Purchased goodwill is the difference between the acquisition price of an acquired company and the fair value of its identifiable net assets

Indicate whether the statement is true or false


True

Business

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Which of the following stakeholders is NOT mentioned as being affected by marketing research activities?

A) the government B) the client C) the respondent D) the public E) the marketing researcher

Business

The preferred sequence for distributing the cost of service departments to production departments when using the sequential distribution method is:

a. to distribute the cost of the service department with the largest total overhead cost first. b. to always distribute the cost of the Human Resources Department first. c. to distribute the costs of the service departments to the production department having the largest amount of overhead cost first. d. to distribute the costs of the service department that services the greatest number of departments first.

Business

Understanding customers better has helped Amazon and others become more successful. The understanding comes primarily from

A) collecting data about customers and transactions. B) developing a philosophy that is data analytics-centric. C) analyzing the vast data amounts routinely collected. D) asking the customers what they want.

Business

Which one of the following statements is TRUE regarding a customer benefit package (CBP)?

a. A CBP consists of a primary good and a primary service coupled together. b. A variant is a CBP feature that strictly adheres to the standard CBP. c. The size of the circles in the CBP framework can signify the relative importance of each good and service. d. When defining a CBP, the features determined by management accurately describe customers' wants and needs.

Business