In a market, a company that manufactures cars would be referred to as a conversion agent.

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


True

This is true. Conversion agents transform resources into goods and services, such as cars, that are desirable to consumers.

Business

You might also like to view...

When you need to inform employees that a benefit or privilege will be eliminated,

A) the best approach is to leak the news as a rumor rather than make a public announcement. B) minimize the impact of the bad news by presenting it in as positive a light as possible. C) use the direct approach. D) use as many hedging words as possible. E) explain the decision is in the employee's best interest.

Business

General Motors, a leading American multinational automaker, sells cars for every purpose, budget, and personality. This is an example of ________ marketing

A) undifferentiated B) differentiated C) concentrated D) niche E) micro

Business

Interviewers who use pacing are employing a form of ____

a. Kinetic communication. b. Paralinguistic communication. c. Chronemic communication. d. Proxemic communication.

Business

Standards for state and local governments are established by the

a. IRS. b. IASB. c. GASB. d. AICPA.

Business