Arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers is known as ________

A) positioning
B) segmenting
C) diversifying
D) prospecting
E) satisficing

A

Business

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If you are interested in testing whether the median of a population is equal to a specific value, an appropriate test to use is:

A) the Mann-Whitney U test. B) the t-test. C) the Wilcoxon signed rank test. D) the Wilcoxon Matched-Pairs Signed Rank test.

Business

At the beginning of a partnership, Dharma invests office furniture valued at $14,000, computer equipment valued at $3,000 on which $2,000 is still owed on account, and $10,000 in cash. The amount of Dharma's capital account would be

a. $10,000; b. $15,000; c. $17,000; d. $25,000; e. $27,000

Business