Phil Knight, founder of Nike, used which of the following marketing strategies to establish his brand?
A. 80/20 principle
B. Need recognition
C. Five Cool Guys Principle
D. Perceptual categorization
Answer: C
Business
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Which of the following would indicate posting from the purchases journal?
a. P1; b. S2; c. CR5; d. CP3; e. J2
Business
The cost of a previously purchased machine is an example of a sunk cost
Indicate whether the statement is true or false
Business
Formula plans are high-risk investment strategies that attempt to benefit from cyclical price movements
Indicate whether the statement is true or false.
Business
If a six sided die is tossed two times and "3" shows up both times, the probability of "3" on the third trial is
a. much larger than any other outcome. b. much smaller than any other outcome. c. 1/6. d. 1/216.
Business