Often when a company introduces a new product or line extension, its promotion will focus on ____ in order to initiate the product-adoption process.

A. creating awareness
B. stimulating demand
C. retaining loyal customers
D. combating competitive promotional efforts
E. identifying prospects


Answer: A

Business

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Which of these statements is not true?

a. Transactions must be recorded in a journal. b. All transactions could be recorded in the general journal. c. Companies use a number of special journals to record most transactions. d. Special journals are designed to improve record- keeping efficiency. e. The form of the journals are the same from industry to industry.

Business

Companies requesting quotes from vendors for the purchase of supplies is known as

A) C2V. B) reverse auction. C) shopping. D) supply chain management.

Business

Sampling is based upon judgment or convenience in a _____

a. probability (random) sample b. nonprobability sample c. telephone survey d. simulation

Business

The FTC rules apply to consumer credit transactions in which the buyer signs a sales contract that includes an order to pay

Indicate whether the statement is true or false

Business