A learning rate of 90% means that for every doubling of output, the time required by the activity falls by 10%

Indicate whether the statement is true or false


TRUE

Business

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A careful analysis of customer behavior leads to a better understanding of what kind of channel structure is necessary to satisfy the different segments

Indicate whether the statement is true or false

Business

Christopher Messenger rents storage space to college students who go home for the summer but do not want to haul all of their property home and back

The business is profitable during the summer months, but when the storage space is unoccupied in the off-season, Christopher is losing money. What characteristic of service is most likely the source of Christopher's problem? A) intangibility B) perishability C) personalization D) variability E) inseparability

Business

In the VALS framework, consumers motivated by achievement look for products and services that demonstrate success to their peers or to a peer group they aspire to. One segment of the two achievement-motivated groups, known as ________, have a busy, goal-directed lifestyle and a deep commitment to career and family. Image is important to them.

A. Believers B. Achievers C. Makers D. Thinkers E. Experiencers

Business

You should create your graphics __________________

a. first in black and white b. before you write your text c. after you write your first draft d. after you finalize your document

Business