People differ greatly in their readiness to try new products. In each product area, there are "consumption pioneers," also referred to as lagging adopters

Indicate whether the statement is true or false


FALSE

Business

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In a recent survey of computer ownership, 73.4% of the respondents indicated they own PC computers, while 21.8% indicated they own both PC and Mac computers, and 80.1% said they own at least one of the two computers. a.What is the probability that a respondent owns a Mac computer?b.Given that a respondent owns a PC, what is the probability that the respondent also owns a Mac?c.Are events P and M mutually exclusive? Why or why not? Explain using probabilities.d.Are the two events P and M independent? Explain, using probabilities.

What will be an ideal response?

Business

If employees wish to organize a union, the employer is prohibited from distributing written notices to employees stating it is opposed to union activity within the company

a. True b. False Indicate whether the statement is true or false

Business

If Purina forced HEB's grocery chain to place all of its products in the stores' most favorable locations, it would be

A. demonstrating sound channel leadership. B. insisting on exclusive exposure. C. exercising channel power. D. minimizing channel conflict. E. creating a coordinate system.

Business

________ systematically examines corner points, using algebraic steps, until an optimal solution is found

A) The graphical approach B) The simplex method C) Karmarkar's method D) Trial-and-error E) none of the above

Business