________ 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