Competitor analysis begins with:
A. documenting the current strategy of each primary competitor.
B. discovering each competitors advertising budget.
C. identifying which competitors are most successful.
D. gathering samples of the competitors product(s).
Answer: A
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Jennings found and returned Martin's lost wallet. Martin promised to give Jennings a reward the next day after he cashed a check. Martin is not legally bound to pay a reward as he promised, because the consideration for the promise was
a. past. b. present. c. future. d. not legal.
Refer to Table 6-1. Using a three-month moving average, the forecast sales for periods 5 and 7
are approximately A) 383 and 418. B) 383 and 448. C) 418 and 448. D) 418 and 473. E) 448 and 473.
All of the following are factors that affect the level of ethical behavior in an organization except
A. individual factors. B. social factors. C. opportunity. D. demographic factors. E. moral values.
Answer the following statement(s) true (T) or false (F)
A greater standard deviation indicates less variance.