Focus groups are used widely to predict actual sales accurately
Indicate whether the statement is true or false
FALSE
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Some products that have entered the decline stage have been cycled back to the growth stage through ________
A) repositioning B) harvesting C) maintaining D) pruning E) expanding
Which of the following statements is true about overhead?
A) Overhead costs are not incurred uniformly throughout the year. B) Overhead costs have a definite, identifiable relationship with units produced. C) Low production in one month would give rise to low unit overhead costs. D) All of these are true. E) None of these is true.
All checks are time instruments
Indicate whether the statement is true or false
Which of the following describes a characteristic of leader pricing?
A. It is banned in interstate commerce. B. It assumes that some part of the demand curve is upward sloping to the right. C. It seeks a big profit on the leader items. D. It is usually used for a retailer's major product line, to give it a competitive advantage. E. It is different from bait pricing in that the marketing manager really expects to sell leader priced items.