Lean systems are also known as?
a. Push system
b. Shove system
c. Pull system
d. Yank system
c. Pull system
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In which of the following cases is building a database worthwhile for the company?
A) where the product is a once-in-a-lifetime purchase B) where customers show little loyalty to a brand C) where the company has a long relationship with its customers D) where the unit sale is very small E) where the cost of gathering the information is high
Packaging includes all the activities of designing and producing the container for a product. This includes up to three levels of material: primary package, secondary package, and ________ package
A) retailer B) design C) shipping D) consumer E) supplier
Which of the following are the two components of a global marketing strategy?
A. understanding the supply chain and distribution networks in foreign markets B. developing culturally appropriate advertising messages and cultivating "domestic" habits among foreign consumers C. understanding foreign currency fluctuations and developing products that can be priced accordingly D. determining which target markets to pursue and developing a marketing mix to obtain a competitive advantage E. adapting to foreign regulations and targeting as many people as possible
Thirty-five percent of the fish in a tank are guppies. A random sample of 7 fish is selected. a.What is the probability that the sample contains exactly 4 guppies?b.What is the probability that the sample contains fewer than 2 guppies?c.What is the probability that the sample contains exactly 1 non-guppy?d.What is the expected number of guppies in the sample?e.What is the variance of the guppies?
What will be an ideal response?