A good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value is known as a(n)

A. marketing program.
B. item.
C. product.
D. utility.
E. service.


Answer: C

Business

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A trade discount is also called a

A. stock discount. B. functional discount. C. seasonal discount. D. cumulative quantity discount. E. noncumulative quantity discount.

Business

A letter that delivers the report to the client and summarizes the researcher's overall experience with the project without mentioning the findings is called the ________

A) letter of acceptance B) letter of authorization C) letter of transmittal D) letter of recommendation E) letter of invoice

Business

Sales-force automation systems enable salespeople to profile prospects, forecast sales, and prepare expense reports

Indicate whether the statement is true or false

Business

The presence of beginning and ending work-in-process inventories leads to much of the complication surrounding process costing

Indicate whether the statement is true or false

Business