Concentrated marketing is the narrowest strategy of all market-coverage strategies, in which firms target a single location or even a single customer
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Concentrated marketing focuses on only a single market segment. With this approach, a marketer acknowledges that various other market segments may exist but you choose to target just one.
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During October, Department A of Answer Inc started 320,000 units of product in a particular manufacturing process. The beginning work in process inventory was 50,000 units, and the ending inventory was 30,000 units. Direct materials are introduced at the start of processing, and beginning and ending inventories are considered to be 50 percent complete with respect to conversion costs. Department
A uses the FIFO costing method. The number of equivalent units for conversion costs of Answer was A) 345,000. B) 330,000. C) 360,000. D) 375,000.
The term focused processes refers to the quest for increased efficiency, whether in goods or services, that results from specialization
Indicate whether the statement is true or false
In the context of credit cards, which of the following statements is true of the annual percentage rate (APR)?
A. The higher the APR, the greater the interest expense on unpaid balances. B. All credit card companies charge the same APR for all transactions. C. Credit card companies do not charge the APR on discounted products. D. The lower the APR, the lower the cardholder's credit score.
OOH excels at accessibility. It carries the message 24 hours per day and cannot be fast-forwarded, put aside, zapped, or turned off.
Answer the following statement true (T) or false (F)