In terms of marketing expenditures, service companies tend to spend more on which of the following than manufacturers?

A) media advertising
B) trade promotions
C) consumer promotions
D) direct marketing


A

Business

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According to the doctrine of substantial performance, directors are not liable for mere errors of judgment when they act with care and good faith.

Answer the following statement true (T) or false (F)

Business

If a distributor persuades a manufacturer to refuse to deal with a rival distributor, the two parties:

A. have committed a per se violation of Section 1 of the Sherman Act. B. do not violate Section 1 of the Sherman Act since this is a unilateral action. C. are attempting vertical price-fixing. D. are conspiring to form a monopoly, thus directly violating Section 2 of the Sherman Act.

Business

Which of the following statements is true about manufacturing companies over the past 20 years?

A) The grouping of machines into "manufacturing cells" has increased. B) Carrying large amounts of inventory is often less costly than carrying small amounts of inventory. C) They have moved from a "pull" approach to more of a "push" approach. D) The basic production process has changed very little over the past 20 years.

Business

Customers arrive at a candy shop every 8 minutes on average. The arrival rate is ________

Fill in the blank with correct word.

Business