In cluster analysis, the set of variables selected should describe the similarity between objects in terms that are relevant to the marketing research problem
Indicate whether the statement is true or false
TRUE
Business
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For years, Mercedes-Benz utilized a ________ pricing strategy; however, this created an opportunity for Toyota to introduce its luxury Lexus line and undercut Mercedes
A) gray market B) skimming C) penetration D) market holding E) cost-based
Business
Juan Garcia plans the daily promotional releases about his company's products and services. He can be described as a(n) ________ planner
A) strategic B) selective C) tactical D) niche E) operational
Business