Companies use ________, with common divisions of upper, middle, and lower, as a basis for identifying and reaching good prospects for their products.

social class
reference groups
brand communities
subculture

social class

Business

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Which of the following BEST describes uniform delivered pricing?

a. It is prevalent in the steel, cement, corn oil, and lead industries. b. It is common where freight costs are a large portion of total costs. c. It is sometimes called "postage stamp pricing." d. It creates no geographical price discrimination.

Business

The Department of Labor permits employers to pay less than the minimum wage to students and apprentices

Indicate whether the statement is true or false

Business