Reference no: EM132253535
1. When a company considering expansion beyond its home territory begins to review demographic profiles of the customers and profiles of regions it's considering, it's engaged in the important marketing function of
A. production efficiency.
B. economic analysis.
C. understanding customers.
D. inventory analysis.
2. Where without fault of either party the agreed type of carrier becomes unavailable or the agreed manner of delivery otherwise becomes commercially impracticable but a commercially reasonable substitute is available, such substitute performance must be tendered and accepted.
True
False
3. The primary ethical dilemma facing managers is how to balance
A. costs and benefits.
B. employees' needs with the needs of the firm.
C. profits and expenses.
D. shareholder interests with the needs of society
4. The need to _______ is the primary motivation that consumers spend the least amount of time engaging in on their smartphones.
A. discover
B. shop
C. socialize
D. self-express
5. Laws that prohibit the formation of monopolies or alliances that would damage a competitive marketplace benefit consumers through
A. protection from false advertising. B. increased choices. C. higher prices. D. fair debt collection practices
6. Contract privity is a concept of contract law where a legal relationship exists between the parties to a contract that allows either party
a) to enforce contractual rights against the other party
b) seek remedies directly from the other party
c) All of the above
d) None of the above