Which of the following tools are not used by marketing professionals to compile market research?
a. blogs
b. wikis
c. online forums
d. social networking sites
e. RSS
e. RSS
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Trina Productions is a price-taker
The company produces large spools of electrical wire in a highly competitive market; thus, it uses target pricing. The current market price of the electric wire is $800 per unit. The company has $3,100,000 in average assets, and the desired profit is a return of 6% on assets. Assume all products produced are sold. The company provides the following information: Sales volume 110,000 units per year Variable costs $690 per unit Fixed costs $13,000,000 per year If fixed costs cannot be reduced, how much reduction in variable costs will be needed to achieve the desired target? A) $186,000 B) $13,000,000 C) $1,086,000 D) $75,900,000
Give an example of an assignment of rights and explain the relationship of the parties
A company's trade secret lasts for A) 20 years after the application is filed
B) 70 years after the death of the creator. C) 10 years, but it can be renewed for an unlimited number of terms as long as it is used. D) as long as it is kept confidential.
Through an agency relationship, the agent becomes a representative of the:
a. third party b. customer or supplier of the principal c. shareholder d. all of the other choices e. none of the other choices