A(n)__________strategy is not possible when the brand name has a negative or vulgar connotation in the local language
Fill in the blanks with correct word.
ANSWER: one-brand-name
A one-brand-name strategy is not possible when the brand name has a negative or vulgar connotation in the local language, when the brand is owned by someone else, or when the name cannot be pronounced in the local language.
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When two or more individuals engage in an enterprise as co-owners, the organization is known as a
a. single proprietorship. b. corporation. c. partnership. d. closed corporation.
Which of the following is FALSE about fixed-price contracts?
a. The contract subjects the supplier to a large degree of financial risk in the event of cost escalations. b. The contract includes a fair and reasonable incentive that requires the contractor to assume an appropriate share of the risk. c. The administrative burden of signing the contract is very high. d. The contract subjects the buyer to financial loss if the market price drops.
Customer arrivals at a dry cleaning service occur randomly throughout the day. The distribution that is usually used to model the interval between arrivals is the:
A) Poisson distribution. B) uniform distribution. C) random distribution. D) normal distribution.
A warranty obligation imposed by law upon the seller is a(n) ____________________ warranty
Fill in the blank(s) with correct word