Explain how a consumer market is determined and give two examples of consumer markets of different size
What will be an ideal response?
A consumer market is composed of the individuals and households who are potential or actual buyers and end users of a product or service. A consumer market is not a fixed entity?it exists in relation to the product or service being marketed. An example of a large consumer market is the market for tennis shoes. An example of a small consumer market is the market for SCUBA gear. (Examples will vary.)
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Dave was employed by a car dealer to work in the parts department. He was instructed not to loiter in the sales area and, if asked by a customer whether he worked there, to reply that he was not a salesperson. One day while Dave was looking at a new car, a customer asked whether he worked there, Dave replied yes. What authority, if any, does Dave have to sell a car? Group of answer choices
A. Apparent. B. None. C. Express. D. Implied.
According to Table 11-3, there are five activities in a PERT project. Which activities are on the critical path?
A) A-B-C-D-E B) A-C-E C) B-D D) A-B-C-D E) B-E