Businesses use a number of methods to create a good picture of their customer base. This market research can help companies to validate their:

A. Contribution margin
B. Succession plans
C. Target market

Ans: C. Target market

Business

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Preference follows awareness, knowledge, and liking in the hierarchy of effects model

Indicate whether the statement is true or false

Business

________ attempt to exploit small differences in the price of a currency between markets by buying currencies in lower-priced markets and selling in higher-priced markets

A) Commercial customers B) Speculators C) Arbitrageurs D) Individuals

Business