James Frank has been put in charge of gathering marketing intelligence, disseminating it within his organization, and eventually directing action on the information. Mr. Frank's task is best described as part of the ________ process

A) market-sensing
B) new-offering realization
C) customer acquisition
D) customer relationship management
E) fulfillment management


A

Business

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Suppose Apple has collected extensive survey data about its new iPhone, and respondents have rated it on 20 different features and benefits. Now researchers want to reduce the amount of data to a few underlying dimensions. Which data analysis technique should the researchers use?

A) analogy B) conjoint analysis C) factor analysis D) multidimensional scaling E) cluster analysis

Business

Faxes are often used when _____________ is an issue

a. security b. filing c. accessibility d. economy

Business

Hilltop Golf Course is planning for the coming golfing season

Investors would like to earn a 10% return on the company's $50,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $32,000,000 for the season. About 500,000 rounds of golf are expected to be played each year. Variable costs are about $17 per round of golf. Hilltop golf course has a favorable reputation in the area and, therefore, has some control over the sales price of a round of golf. Using a cost-plus pricing approach, what sales price should Hilltop charge for a round of golf to achieve the desired profit? A) $64 B) $81 C) $47 D) $91

Business

For how long is a written stop payment order valid?

A) One month B) Six weeks C) Six months D) One year

Business