Which audit is especially suitable for monitoring sales presentations of retail salespersons?
a. systematic
b. horizontal
c. disguised
d. nondisguised
c
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Which of the following best explains why marketers do not consider social class segments as strictly as they once did?
A) Many consumers buy according to the social class image they wish to portray rather than according to where they actually fall in the social class framework. B) Due to the Great Recession, members of the upper class have become members of the middle class, and members of the middle class have become members of the lower class. C) Data related to social class is more complicated and difficult to obtain and analyze than it once was. D) Social class in the United States is more related to education and family history than to wealth. E) Members of the upper and middle classes are unlikely to be attracted to any products marketed toward members of the lower classes.
The business environment prior to 1974 was "friendly" to companies using scientific management and mass manufacturing methods because:
A. U.S. manufacturers dominated the world economy. B. Industry profits were held by a large number of firms. C. Education levels were significantly higher than they are today. D. Global competition made U.S. industries stronger.
An entry wedge is a type of entrepreneurial strategy firms can use to enter into business.
Answer the following statement true (T) or false (F)
Fess, research manager for Greenergy Products, Inc., applies utilitarian ethics to determine that an action is morally correct when it produces the greatest good for
A. Fess. B. Greenergy. C. the fewest people. D. the most people.