What kind of supplier relationship is recommended when the item is a non-critical item and the importance of technology is low?
A) Transactional
B) Long-term
C) Strategic
D) Collaborative
A) Transactional
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Brown & Smith, Inc engages in the design, development, making, and retail selling of designer jewelry in North America
Before approving a new design, the company draws it on a computer and then produces models to show potential consumers and get their reactions. This allows the company to analyze the possible customer reaction. Identify the concept testing method used here. A) conjoint analysis B) perceptual mapping C) virtual reality testing D) rapid prototyping E) digital fabrication
Colby and his dad, Dusty, are looking at the advanced features on Colby’s new phone, and Dusty asks, “What next? They’ll probably be surgically implanting our cell phones.” Colby says. “A guy in my communication class gave a speech about these wild new technologies. Implanted compasses! Like your own personal GPS system. Or an electronic tattoo that will read your vital signs and transmit them wirelessly.” Which characteristic of new media theory does this conversation reflect?
a. creative b. flexible c. personalized d. always evolving
The accounting concept that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the:
A. Revenue recognition principle. B. Going-concern assumption. C. Time-period assumption. D. Business entity assumption. E. Measurement (Cost) principle.
Post-purchase behavior falls into either of two categories: further purchases or re-evaluation
Indicate whether the statement is true or false