Answer the following statement(s) true (T) or false (F)

1. Marketing research is the process of identifying a target market.
2. The first step in the marketing research process is problem identification.
3. Cash register receipts and census data are both considered secondary data.
4. Mystery shopping is a method of collecting secondary data.
5. Quality is the totality of features and characteristics in a product or service that affects its ability to meet or exceed customer needs.


1. FALSE
2. TRUE
3. TRUE
4. FALSE
5. TRUE

Business

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It is not necessary to prepare the Cost of Goods Manufactured statement prior to preparing the Cost of Goods Sold statement

Indicate whether the statement is true or false

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According to sales trainer Tony Alessandra, there are three possible service outcomes. Which one should salespeople strive for?

A) the moment of happiness B) the moment of truth C) the moment of misery D) the moment of magic E) the moment of expectation

Business

______ are high-volume product processes that typically produce standardized products and require identical or similar operations.

A. Line processes B. Intermittent processes C. Machine processes D. Outlier processes

Business

A few examples of ebusiness advantages can include opening new markets, reducing costs, and expanding global reach.

Answer the following statement true (T) or false (F)

Business