When it comes to having passion, Maxwell taught that "your passion determines your destiny."

a. true
b. false

Answer: b. false

Business

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Which of the following is true about investing to protect position in growth markets?

A) Protecting a share leadership position in a growth market requires a much lower investment in new products than would be required in a mature market. B) Growing markets are inherently prone to inducing share loss. C) The faster a market is growing, the lower the investment a company must make in marketing resources to protect share from new and existing competitors. D) There is a direct relationship between market share change and size of market share. E) The effects of market growth on market share change remain the same across industries.

Business

A retailer expects monthly sales to be $100,000 and planned reductions from sales to be 8 percent of sales. The retailer wants ending inventory to be $20,000 greater than beginning inventory. Planned purchases at retail are _____

a. $100,000 b. $120,000 c. $127,200 d. $128,000

Business