Benchmarking ______.

A. is the process of comparing the quality of your company’s products or services and its processes with those companies considered to be world leaders in quality
B. is one of the essential elements of the strategic marketing process
C. is required to be compliant with government regulations
D. is required by the ISO


A. is the process of comparing the quality of your company’s products or services and its processes with those companies considered to be world leaders in quality

Business

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It easier to persuade a competitor's customer to switch to product or service in the:

A) introduction stage of the product life cycle. B) growth stage of the product life cycle. C) maturity stage of the product life cycle. D) decline stage of the product life cycle.

Business

Outlet centers are shopping centers that contain mostly manufacturers' and retailers' outlet stores.

Answer the following statement true (T) or false (F)

Business

An account is said to have a debit balance if

A) the amount of the debits exceeds the amount of the credits B) there are more entries on the debit side than on the credit side C) its normal balance is debit without regard to the amounts or number of entries on the debit side D) the first entry of the accounting period was posted on the debit side

Business

The formula to compute annual straight-line depreciation is:

A. Depreciable cost divided by useful life in units. B. Cost multiplied by useful life in years. C. Cost divided by useful life in units. D. (Cost plus salvage value) divided by the useful life in years. E. (Cost minus salvage value) divided by the useful life in years.

Business