Rex Steelworks makes steel sheets which the firm markets and sells to companies all over the world. Which of the following marketing strategies is most suitable for Rex Steelworks?

A) one-to-one marketing
B) undifferentiated marketing
C) individual marketing
D) local marketing
E) trigger-based marketing


B

Business

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Arena, Inc uses straight-line depreciation for its equipment. Arena purchased equipment for $300,000 and estimated its useful life at 8 years. The bookkeeper failed to consider the residual value of $50,000 . What is the impact on earnings per share and operating income of failing to consider the residual value?

a. Earnings per share will be overstated and operating income will be understated. b. Earnings per share will be understated and operating income will be overstated. c. Both earnings per share and operating income will be overstated. d. Both earnings per share and operating income will be understated.

Business

Marketing critics claim that the overselling of private goods results in social costs

Indicate whether the statement is true or false

Business

Which of the following is not an economic benefit of home ownership?

a. buildup of ownership equity b. appreciation in value c. deduction of property taxes on income-tax returns d. tax deduction of principal on income-tax returns

Business

The process of identifying which objectives to accomplish, deciding how to accomplish those objectives with specific strategies and tactics, implementing the actions that make the plan come to life, and measuring how well the plan met the objectives is best known as which of the following?

a. Concepting. b. Strategic planning. c. Ideation. d. Briefing. e. Positioning.

Business