The task environment of a firm consists of demographic, economic, natural, and technological environments, as well as the political-legal system and the social-cultural arena

Indicate whether the statement is true or false

FALSE

Business

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When an appraiser estimates the cost of construction using the __________, this is the cost to build an exact replica of the building using actual materials used and the present design of the building.

a. replacement cost b. reproduction cost c. market data approach d. income approach

Business

If 75% of consumers are aware of Ace Motors' newly launched line of hybrid cars called the Opus, and 45% of that group likes the product's benefit, and 44% of that group finds the price acceptable, and 51% of that group intends to buy the product in

their local market, and 75% of that group actually purchase the product from Ace Motors and its dealers, then the market share index for the Opus is ________. A) 1.2% B) 3.6% C) 5.7% D) 7.5% E) 12.9%

Business