The process of selecting one or more market segments to enter is called ________
A) market targeting
B) market dominance
C) market positioning
D) market segmentation
E) market research
A
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Discuss the interrelatedness of the management functions and give some examples of how they are interdependent.
What will be an ideal response?
Mechanistic organizations ______.
a. define jobs broadly b. tend to work well in stable environments c. have decisions made at lower levels d. are flexible
Information and communication technologies involve two main activities: processing information and ______ from one location to another.
A. dividing it B. transmitting it C. developing it D. mechanizing it
All of the following are disadvantages of noninsurance transfers EXCEPT
A) The party to whom the potential loss is transferred may be unable to pay. B) The transfer may fail because the contract language is ambiguous. C) The only potential losses that can be transferred are those that are not commercially insurable. D) The noninsurance transfer may be costly.