Answer:
B. are part of a firm's marketing strategy.
Explanation:
Segmentation, targeting, and positioning are important steps that must be followed in order to create a Marketing Plan. The idea behind these concepts is to define a market segment and create and strategy to connect the good or services provided with the clients.
Answer:
QC
Explanation:
US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.
Answer:
The answer is False
Explanation:
Utility companies are either monopoly (if only one firm caters a locality) or oligopoly (if there are a few large utility firms operating in a locality). They do not operate in monopolistic competitive market.
Answer:
False
Explanation:
During a sequential product development, each department works to complete its stage before the process continues to the next department.
A team-based new product development approach is used to develop products faster and to be able to sell them faster. This approach does not require that each department finishes its stage before passing to the next one. Instead, several departments work together simultaneously.