________ costs are typically associated with early entrants into a market and avoided by later entrants.
a) labor
b) pioneering
c) transfer
d) political
Ans: b) pioneering
Business
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Under ________, the idea is that retailers plan marketing and strategy for an entire group of products rather than on a brand by brand basis
A) category management system B) value chain system C) mass marketing system D) hybrid system
Business
When determining a product's potential in numerous foreign markets, it is usually best to assume that buyers have identical needs and purchasing habits across the markets
Indicate whether the statement is true or false
Business