Individual products
A. may require their own marketing mixes.
B. are part of product assortments but not product lines.
C. are usually distinguished by brand only.
D. are part of product lines but not product assortments.
E. None of these answers is correct.
Answer: A
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On December 1, 2019, Pinewood Company sold machinery to a customer for $2,000. Pinewood regularly sells machinery. The customer could not pay at the time of sale but agreed to pay 9 months later and signed a 9-month note at 12% interest. Prepare the journal entry to record the revenue at the time of sale. Ignore the entry for cost of goods sold. Omit explanation.
What will be an ideal response?
Once a union contract is in place, ____________________ are disagreements over whether someone has been treated appropriately given the contract provisions in place.
A. rights disputes B. interest disputes C. bargaining conflicts D. privilege challenges
Without satisfying the non-negativity constraint, a solution that satisfies all the other constraints of a linear programming problem is called:
A) feasible. B) infeasible. C) semi-feasible. D) optimal.
Changing people's attitudes toward a firm and its marketing program is
A. simple when advertisements are used. B. impossible, even if the firm uses advertisements. C. a long, expensive, and difficult task that may require extensive promotional campaigns. D. unnecessary, since consumer attitudes are of little importance. E. rarely attempted through the use of marketing practice.