Which of the following events occur when there is minimal focus on customers?

A) high customer loyalty
B) reduction in customer turnover
C) below-average profits
D) long-run strategies to improve sales
E) low cost of marketing and sales


C

Business

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Value analysis and engineering to improve the quality and safety of products______.

a. is used by local governments to make the voting process in elections more efficient b. has been used by the packaging industry c. is required for ISO certification d. is applicable only to the service industry

Business

________ is the area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior

A) Leadership B) Agency Relationship C) Corporate Governance D) None of the above

Business

The ability of a country to profit from its ability to print money is known as:

A) profiteering. B) dollarization. C) seignorage. D) inflation.

Business

Four hundred registered voters were randomly selected and asked whether gun laws should be changed. Three hundred said "yes," and 100 said "no." The point estimate of the proportion in the population who will respond "no" is _____

a. 75 b. .25 c. .75 d. .50

Business