________ involves reducing the number of variations in materials and components as an aid to cost management
Fill in the blanks with correct word
Standardization
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If 75% of consumers are aware of Ace Motors' newly launched line of hybrid cars called the Opus, and 45% of that group likes the product's benefit, and 44% of that group finds the price acceptable, and 51% of that group intends to buy the product in
their local market, and 75% of that group actually purchase the product from Ace Motors and its dealers, then the market share index for the Opus is ________. A) 1.2% B) 3.6% C) 5.7% D) 7.5% E) 12.9%
To effectively control materials, a business must maintain:
a. Limited access. b. Combination of duties. c. Safety stock. d. None of these are correct.
Galvin Corporation has owned all of the stock of Rialto Corporation for five years. Rialto Corporation has been actively engaged in manufacturing in Kansas, but it is now bankrupt, and the stock is worthless. Galvin Corporation will recognize a long-term capital loss.
Answer the following statement true (T) or false (F)
_______ marketing is a marketing strategy that consciously addresses customers, markets, and competition throughout the world.
Fill in the blank(s) with the appropriate word(s).