________ refers to the variety of activities which commence with the design and development of potential new products in R&D, and extend to the post-purchase support of products and services now in the hands of customers.

A. Process management
B. Supply Chain management
C. Product/Service management
D. Efficient work flow
E. Distribution logistics

Ans: C. Product/Service management

Business

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Suppose Max wants to arrange the distribution of his life insurance proceeds so that his spouse, as beneficiary, will receive monthly payments for as long as she lives. Which of the following settlement options will meet this need?

A) Life income option B) Fixed-amount option C) Interest-only option D) Fixed-period option"

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Trade creation occurs when lower-cost external suppliers are replaced by higher-cost suppliers within the free trade area

Indicate whether the statement is true or false.

Business