The present value of a future sum of money increases as the number of years before the payment is received increases

Teenagers are expected to respond in a similar way to a set of marketing efforts. In other words, this group represents a ________

A) channel intermediary B) line extension C) market segment D) product attribute E) brand personality

________ refer to inventory management and control systems that ensure the timely delivery of a product or service and related inputs

A) Just-in-time systems B) Supply-chain systems C) Continuous improvement mechanisms D) Statistical process control techniques