________ occurs when firms obtain outside vendors to provide goods or services that might otherwise be supplied in-house

A) Outsourcing
B) Reverse marketing
C) Crowdsourcing
D) Multiple sourcing
E) Insourcing


A

Business

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In the leader-member exchange model, the relationship between leader and follower that is characterized by mutual trust, respect, and liking is known as a(n) ________ exchange.

A. preferred coworker B. in-group C. servant D. special E. socialized

Business

A company using the periodic inventory system has the following account balances: Merchandise Inventory at the beginning of the year, $3,600; Freight-In, $650; Purchases, $10,700; Purchases Returns and Allowances, $1,950; Purchases Discounts, $330 . The cost of merchandise purchased is equal to

a. $12,670 b. $9,070 c. $8,420 d. $17,230

Business

Why is it important to use positive words or phrases, rather than emphasizing the negative in a customer service environment?

What will be an ideal response?

Business

Competitor targets must be identified so that marketing managers know which brands or companies offer the most likely competition for the identified customer

Indicate whether the statement is true or false

Business