A company adhering to the marketing concept will likely take which of the following steps if it learned that its customers were dissatisfied with its product?
A. hire more salespeople
B. decrease its organizational overhead
C. increase its advertising to underserved markets
D. increase the number of outlets in which the product is sold
E. conduct research to determine if its customers' needs have changed
Answer: E
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Indicate whether the statement is true or false
An asset was purchased for $31,000 on January 1, 2016
The asset's estimated useful life was five years, and its residual value was $8,000. The straight-line method of depreciation was used. Calculate the gain or loss if the asset is sold for $21,000 on December 31, 2016, the last day of the accounting period. A) $2,700 gain B) 5,400 loss C) 5,400 gain D) no gain or no loss
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A. $74.89 B. $225.15 C. $152.66 D. $92.44
The United States is not the most efficient country in the world at producing software, but in comparison to many other countries, the United States is fairly efficient. The United States has a/an ____________________ advantage in producing software.
Fill in the blank(s) with the appropriate word(s).