In 2015, half of all American households earned more than $75,442.
Answer the following statement true (T) or false (F)
False
In 2015, 22 percent of households had income of less than $25,000, and the median income-where half the households earned more and half earned less-was $56,516.
You might also like to view...
A(n) ________ is a company-specific virtual information system that systematizes the knowledge of its employees, facilitates sharing, and integrates their expertise.
A. expert system B. knowledge market C. enterprise resource planning system D. knowledge economy E. knowledge management system
Which of the following is not characteristic of mass marketing?
A) Product benefits do not typically include home delivery. B) Advertising is used to generate an immediate inquiry or purchase. C) Repetition of ads is the key to awareness and remembering. D) The customer perceives relatively little risk. E) Purchase action is deferred.
Which one of the following would not be found as an asset on the balance sheet of a manufacturer?
a. raw materials b. work in process c. finished goods d. merchandise inventory
________ is the process by which firms assess the effects of their marketing activities and programs and make necessary changes and adjustments
A) Marketing control B) Marketing implementation C) Test marketing D) Market watch E) Market analysis