A product has three product layers. They are:
A. implied benefit, explicit benefit, and combined benefit.
B. physical form, intangible form, and perceived form.
C. core benefit, actual product, and augmented product.
D. transient layer, overt benefit, and virtual product.
Answer: C
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The American economy is entirely market-directed.
Answer the following statement true (T) or false (F)
One of the attractive features of mutual funds is that they offer small investors a diversified portfolio and professional management
Indicate whether the statement is true or false.
The following information regarding a dependent variable (y) and an independent variable (x) is provided. y x 5 2 6 3 5 4 7 5 8 6 ? SSE = 1.9SST = 6.8 ? The least squares estimate of the y-intercept is
A. 1. B. 3.4. C. 3. D. 4.7.
The LaPann Corporation has obtained the following sales forecast data: JulyAugustSeptemberOctoberCash sales$80,000 $70,000 $50,000$60,000Credit sales$240,000 $220,000 $180,000$200,000The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts.The budgeted cash receipts for October would be:
A. $188,000 B. $226,000 C. $278,000 D. $248,000