As a part of intensive distribution, dealers are expected to refrain from selling the products of the producers' competitors
Indicate whether the statement is true or false
FALSE
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Which of the following is a major reason why many economists remain critical of the infant industry argument?
A. It makes the domestic industry inefficient. B. It does not provide guaranteed employment for the citizens. C. It affects the standards of living and per capita income of the people. D. It promotes foreign direct investment. E. It leads to reduced prices in domestic markets.
Which of the following describes how the Simon framework of decision-making works in high-velocity decision environments?
A) Only the initial step is performed by the software; the final three steps are handled by humans. B) The first two steps of Simon's framework are eliminated and the final two steps are handled by software algorithms. C) The first three steps of the process are handled by software algorithms and the final step is handled by experienced managers. D) All four steps are performed by humans with the support of high-speed, high-volume DSS and ESS. E) All four steps of the process are handled by software algorithms; humans are eliminated from the decisions because they are too slow.