Pricing strategies usually remain the same as a product passes through its life cycle

Indicate whether the statement is true or false


FALSE

Business

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The cost of a plant asset includes all normal expenditures necessary to acquire the asset and get it ready for its intended use

Indicate whether the statement is true or false

Business

Alia was satisfied with the old television that she had owned for years. But after watching a few shows on her friend's big, flat-screen, HD television, she felt that she should buy a newer model for herself. Which of the following limitations of measuring macro-marketing effectiveness does this illustrate?

A. Customer satisfaction is easy to measure by means of a survey or a poll. B. Customer satisfaction depends on and is relative to individual aspirations. C. Customer satisfaction remains unchanged even when levels of expectation rise. D. The average level of customer satisfaction provides a complete picture for evaluating macro-marketing effectiveness. E. The American Customer Satisfaction Index provides an accurate measure of satisfaction.

Business

Dr. Moo’s student, Mr. Grass, would like to find out if goats produce more milk after going through three conditions: the Goatness Gracious goat relaxation program, increased grazing time in the pasture, and soft jazz music played during the milking process. He decided to use a dependent-samples t-test to test his research question. Did he make the correct decision? Explain your answer.

What will be an ideal response?

Business

Consumer-to-business applies to any _________ that sells a product or service to a business over the Internet.

Fill in the blank(s) with the appropriate word(s).

Business