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Which of the following is the reason a company may choose not to focus on the largest fastest growing segments *?
All of the following are ways a company can differentiate itself or its product EXCEPT
What physical factors can a company control that will influence customers to stay longer?
Which of the following is an advantage of corporations as a form of business ownership?
In a swot analysis, which of the following would be considered a weakness of a company?
What is the connection between culture and competitive advantages explain with examples
The result of two firms (usually corporations) combining to form one company is called a
Which advertising appeal is used to create a bond between products brands and consumers?
The assignment of an employee to another job in the company with a similar level of responsibility
With ________ branding, a company uses one name for all its products in a product class.
Why is the equality level of a product an important product/service management decision?
Bertrand oligopoly and homogeneous products result in firms charging a price that equals
Which firm would be most likely to use a selective distribution strategy for its products
Which of the following products would be best suited for a flighting advertising schedule
A comprehensive evaluation of the group of businesses a company has diversified into involves
What is the main difference between a stock insurance company and a mutual insurance company quizlet?
What is the main difference between a stock insurance company and a mutual insurance company?
Which describes the concept that the insured pays a small amount of premium for a large amount of risk on the part of the insurance company?
Why is the selection of the type of distribution critical to the success of the product and the company that is trying to sell it?
What are the general guidelines that a company should follow that determine when a divestiture makes sense?
When a company decides to serve many segments or even the entire market producing different offerings for different segments is?
When a limited resource of some type restricts a companys ability to satisfy demand the company has a n resource enter only one word per blank?
What are joint products what accounting issue results from the production process that creates joint products?
Which of the following costs is relevant in deciding whether to sell joint products at split off or process them further?
How does a company determine whether to sell a product as is or process it further quizlet?
Is a product that has a relatively low total sales value compared to the total sales value of the main products?
If a process is in control then most products produced by this process meet customer expectations
Which of the following costs at a manufacturing company would be treated as a product cost under the absorption costing method quizlet?
Purchasing raw materials or products in other nations and bringing them into one’s own country
Which consumer promotion tool consists of certificates that give buyers a saving when they purchase specified products?
Which layout allocates dissimilar machines into cells to work on products that have similar shapes and processing requirements?
What is defined as the design operation and improvement of the systems that create and deliver the firms primary products and services?
Is a process of giving a limited number of dealers the exclusive right to distribute the companys products in their territories?
What challenges do retailers face when marketing their products through multiple channels?
What license is required for any company or person who makes or services residential mortgage loans in California?
A written contract granting permission to operate a business to sell products and services
What type of commerce occurs when a business sells its products over the internet to consumers b2bc2benterprise commerceb2c?
The belief that our own way of life, products, or ideas are inferior than those of others.
Which form of equity refers to how a jobs pay rate in one company compares to the jobs pay rate in other companies a distributive b Internal c External d procedural?
Which of the following refers to the key information that describes your customers vendors and leads as well as items that your company buys and sells?
Which accounting assumption or principle is being violated if a company provides financial reports?
What branch of accounting evaluate whether a branch of the business complies with the collection and deposit policy of the company?
What term describes an organizations use of an outside company for a broad set of services?.
Which of the following would be added to the balance per company records on a bank reconciliation?
Many firms attempt to use pr to get positive publicity for their products because: quizlet
What is likely reason that a company would move its facility from one location to another?
Which of the following are defined as affiliated persons under the Investment Company Act of 1940?
When only one retailer in a geographical area carries a firms products the density of distribution is referred to as?
Is defined as resistance to a product or service that results when a buyer has never heard of or is not familiar with the products company?
A company that manufactures custom bridal gowns will use a process costing system to track costs
What is the result when a company applies less overhead to production than it actually incurs?
Systems implemented to reduce defects in finished products with the goal of achieving zero defects
What is the market structure where a single firm sells products which have no close substitutes?
What are the characteristics of pure monopoly pure competition monopolistic competition and oligopoly?
Is any form of communication a business or organization uses to inform persuade or remind individuals about its products or services?
Company allows a foreign company to make and sell its products according to certain specifications
When a company concentrates on one specific marketing tactic and develops it into an overall marketing strategy What is it called marketing?
What results from the added costs incurred as a result of exporting products from one country to another *?
Which of the following is true of a company that views prices as an active instrument of accomplishing marketing objectives?
How should a company identify the industry they compete in and therefore their competitors?
What is used to connect home and business computers to the telephone company and what is it made from?
Which one of the following does not appear on the balance sheet of a manufacturing company?
How does a master budget for a merchandising company differ from that of a manufacturing company
Is an approach to business that focuses on satisfying customer needs and wants while making a profit for the company?
Which concept holds that consumers will opt for those products which provide the most quality performance or innovative features?
When managers use suppliers and manufacturers outside of the organization to provide goods or services the company previously supplied itself it is called?
A company gains competitive advantage by doing which of the following choose every correct answer
Which of these is a special company ability that competitors find extremely difficult to equal quizlet?
Is when a company enters a foreign country and buys property and constructs their business?
When a company does something particularly well relative to its competitors it can be said to have a?
53. what is a business organization owned by a group of people for their own benefit called?
Which of these occur when two or more companies from different countries enter into an agreement to conduct joint business activities?
Which refers to a business owned by two or more persons who contribute resources into the entity it divides the profits of the business among themselves?
Which theory suggests that as products mature the optimal production location will change?
How many years must a US insurance company maintain all necessary records on transactions involving insurance products?
The pricing strategy in use when a firm prices products based on consumer demand is called:
The marketing strategy of developing new products and selling them in new markets is referred to as
What is the process of determining the premium charged and how much insurance is required for a particular loss?
Did the Virginia Company introduced the system of land rights to entice new settlers to Virginia?
The virginia company introduced the system of land rights to entice new settlers to virginia.
What focuses on the efficient movement of products through effective transportation management by evaluating multiple transportation carriers?
Which company most likely relies almost solely on b2b transactions in their course of business?
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