Jabari is using the company blog to solicit feedback from customers and experts in the marketplace. Jabari is using the blog for? ______________.

A. crisis communication
B. customer support
C. market research
D. project management and team communication
E. anchoring the social media presence


Answer: C. market research

Business

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Companies are price-takers when ________.

A) their products are unique B) there is very little competition C) pricing approach emphasizes cost-plus pricing D) they have little or no control over the prices of their products or services

Business

A strategically relevant political factor in the macro-environment that will influence the performance of all firms across the board is most likely to be

A. bailouts and energy policies that are industry specific. B. tax policy, fiscal policy, and tariffs providing impetus for antitrust matters. C. the exogenous forces related to the general environmental demand. D. the strength of the federal banking system. E. social factors that could fuel a political agenda and create greater transparency.

Business

Criminal law comprises state, but not federal, statutes that prohibit wrongful conduct such as arson, rape, murder, extortion, forgery, and fraud

Indicate whether the statement is true or false

Business

A ______ contract is desired when the purchases are expensive and the cost of material/labor to produce the products is uncertain.

a. buyback b. fixed-price c. quantity-flexibility d. cost-plus

Business