The ________ market consists of schools, hospitals, nursing homes, prisons, and other institutions that must provide goods and services to people in their care

A) vertical
B) nonprofit
C) spot
D) secondary business
E) institutional

E

Business

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All of the following are stages in the product life cycle EXCEPT which one?

A) introduction B) adoption C) growth D) maturity E) decline

Business

Which of the following qualities was not identified in the textbook as a preferred attribute of the founder(s) of a firm?

A) Prior entrepreneurial experience B) Firm started by a team C) Relevant industry experience D) Prior experience working in a government or university position E) Higher education

Business