________ is the aggregation of orders from several buyers into volume purchases so that better prices can be negotiated

Fill in the blank(s) with correct word


Group purchasing

Business

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Which of the following is true about an optimize position strategy?

A) It is used for maximizing profits and cash flow as a business slowly exits a product-market. B) It is usually used by a business when the growth potential is limited and competitive position is set. C) It is an offensive strategic market plan that seeks to improve a business's competitive position in an attractive segment of the market. D) It involves making a conscious effort to increase customer base in order to reach a more profitable level of business. E) It requires a large investment in marketing resources.

Business

Which of the following is one of the factors related to richness of communication?

A) the number of people reached B) the cost of communication C) possibility of customization D) the time required for communication

Business

Served market share ________

A) expresses the company's sales as a percentage of total market sales B) is sales as a percentage of the total sales to the market C) is market share in relationship to the largest competitor D) is always smaller than overall market share E) measures the relative contribution of different factors to a gap in sales performance

Business

Because minors cannot bring lawsuits, they do not have a recovery for injuries suffered at the hands of another person

Indicate whether the statement is true or false

Business