The city of Berne recently enacted a 10% tax on the price of a subway ticket. Consequently, Mrs. Lane now walks to work instead of taking the subway. Her behavior illustrates the substitution effect of a tax increase.
Answer the following statement true (T) or false (F)
True
Mrs. Lane substituted a nontaxable activity for a taxable activity.
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Marketing is important to business, so marketing should be part of the job of everyone in the organization, not just those in marketing.
Answer the following statement true (T) or false (F)
In an e-marketplace, an online auction in which a buyer communicates a need for a product or service and would-be suppliers are invited to bid in competition with each other is referred to as a
A. traditional auction. B. horizontal auction. C. reverse auction. D. reciprocal auction. E. vertical auction.
Scenario D: Chazz and Hayden are the marketing managers of two different branches of Edwards & Ashton Restaurant Supply. While preparing to submit his monthly sales report, Chazz realizes that his sales executives have consistently failed to reach their monthly targets, and he immediately announces to his team that they will have to work weekends until they reach their quota. On the other hand, due to changes he implemented earlier, Hayden's team members have been able to achieve their monthly targets.Hayden's team members have been able to achieve their monthly targets due to changes he implemented earlier. This is an example of ________ change.
A. proactive B. retroactive C. cognitive D. negative E. reactive
List four of the six main objectives in designing output
What will be an ideal response?