Which of the following scenarios best describes differentiation? Multiple Choice a. The firm’s marketing mix is distinct from what is available from a competitor.
b. The firm screens out opportunities using criteria that are different from those used by other firms.
c. The firm aims its efforts at a target market that is different from a target market that a competitor would find attractive.
d. The firm uses its resources in a way that is different from the way competitors use their resources.
e. The firm changes to a different set of operational decisions when its marketing strategy is not going well.

Free enterprise system → A system in which businesses may buy, sell, and set prices with little government controlTrue False

Which of the following best explains the quote below in terms of political propaganda?"There is nothing more terrifying than ignorance in action." -Goethe

A. Goethe meant that politics is a terrible profession.

B. Goethe meant that it is terrifying to be inactive.

C. Goethe meant that if you plan to be involved in politics then you should get an education.

D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are taking about.

Zahara Smith is wondering how she can make her check stretch enough to afford her monthly cable, water, grocery, and cell phone bills. Zahara is concerned withA. needs.
B. limits.
C. needs and wants.
D. wants and limits.

One of the variables most often included in surveys is income. Sometimes the question is phrased​ "What is your income​ (in thousands of​ dollars)?" In other​ surveys, the respondent is asked to​ "Select the circle corresponding to your income​ level" and is given a number of income ranges to choose from. Complete parts a and b below. a. In the first​ format, explain why income might be considered either discrete or continuous. Choose the correct answer below. A. Income in thousands of dollars can be considered discrete because the number of thousands of dollars of income have values that can be placed into​ categories, but also be considered continuous because the values can be ordered.
B. Income in thousands of dollars can be considered discrete because the values have a true zero​ point, but also be considered continuous because the values can be ordered.
C. Income in thousands of dollars can be considered discrete because the number of thousands of dollars of income can be​ counted, but also be considered continuous because there are many income amounts between each thousand that can be measured to different levels of precision.
D. Income in thousands of dollars can be considered discrete because the number of thousands of dollars of income have values that can be​ counted, but also be considered continuous because the values have a true zero point.

As a homeowner under the jurisdiction of a homeowners' association (HOA), it is safe to assume that A. the HOA does not affect decisions you make about your own property. B. you do not have to pay HOA dues. C. it's best to consult the HOA before planning a remodeling project. D. the HOA cannot enforce deed restrictions.

A Better Mousetrap, Inc., is a manufacturing company that sells pest control systems. Recently the company launched an innovative mousetrap with a unique design that has been selling well in the U.S. market. Senior vice president Marc Wallace recommends expanding sales overseas as a way to increase company revenues.Wallace expects that markets abroad will soon become fully aware of the existence of the product and its benefits. At that point, the mousetrap will be in which of the following life cycle stages?

Maturing product stage

Adapted product stage

Standardized product stage

New product stage