Answer the following statement(s) true (T) or false (F)
1. Channels can create efficiency for consumers and brands.
2. A team of sales representatives is an example of a channel.
3. Customers purchasing patterns will always match a companies' preferred channel for selling its products.
4. Differentiation, access to new markets, economies of scale, efficiency, and creating barriers to competition are all reasons why channels are needed.
5. Opportunities and threats are both internally focused.
1. True
2. True
3. False
4. True
5. True
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Best Interest is the ethical standard which applies to individual who never had decision making capacity.
a. true b. false
Factors can be estimated so that their factor scores are not correlated and the first factor accounts for the highest variance in the data, the second factor the second highest and so on
Indicate whether the statement is true or false