Parallel importing is a product development strategy that is commonly used by marketers in the European community

Indicate whether the statement is true or false


FALSE

Business

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Exxon Consulting, works as an agent on behalf of business consumers to collect information on various industrial products

When faced with buying decisions, businesses can approach Exxon to obtain detailed information on the various options available to them. The company earns revenue by selling such information to various customers. Marten Consulting can be called a(n) ________. A) infomediary B) market maker C) customer community D) third party arbitrator E) informant

Business

Which of the following correctly pairs the type of packaging with its description?

A. primary packaging: the material that is mixed with the contents of a product B. secondary packaging: outer wrappings that envelop and protect tertiary packages C. tertiary packaging: protects products during transportation and bulk handling D. security packaging: packaging used to secure goods from theft

Business

Safe Driving School is considering purchasing new autos costing $235,000

The company's management has estimated that the autos will generate cash flows as follows: Year 1 $ 80,000 Year 2 $ 85,000 Year 3 $ 95,000 Year 4 $ 45,000 Considering the residual value is zero, calculate the payback period. Round to one decimal place What will be an ideal response

Business

The C group items in ABC analysis require closer monitoring than the A group items

Indicate whether the statement is true or false

Business