A(n) ________ identifies the degree of effort required of the firm's personnel to collect information and make a purchase decision
A) needs hierarchy
B) purchase continuum
C) buy class framework
D) buying center continuum
E) need-response framework
C
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Which of the following is a reason why a relatively poor country may be an attractive target for inward investment?
A. Rapid economic growth B. Political instability C. Currency depreciation D. High cost of living E. Less developed infrastructure
If the forward rate is an unbiased predictor of the expected spot rate, which of the following is NOT true?
A) The expected value of the future spot rate at time 2 equals the present forward rate for time 2 delivery, available now. B) The distribution of possible actual spot rates in the future is centered on the forward rate. C) The future spot rate will actually be equal to what the forward rate predicts. D) All of the above are true.