Which of the following is a common mass customization practice?

a. Postponement
b. Distribution delay
c. Cancellation
d. Reimbursement


a. Postponement

Business

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Manuel's vacation to Chicago for $1,000 for three nights in a four-star hotel on Michigan Avenue included airfare and accommodation. If these services were availed individually, it would have been more expensive. This form of pricing is referred to as

A. leader pricing. B. zone pricing. C. odd pricing. D. price bundling. E. variable bundling.

Business

Marketing managers continually make decisions based on assumed causal relationships. Because these assumptions may be justifiable, the validity of the causal relationships need not be examined via formal research

Indicate whether the statement is true or false

Business

A service is any intangible offering that involves a deed, performance, or effort that

A. is supported solely through advertising. B. is high-priced. C. cannot be physically possessed. D. offers benefits but not costs. E. can be transformed into a physical product.

Business

One popular method in Chapter 11 cases is called a(n) __________ bankruptcy, in which the company solicits votes on its plan of reorganization prior to filing bankruptcy

a. prepackaged b. cramdown c. workout d. confirmation

Business