An especially effective promotional tool when a product concept is new or has a very small market share is known as _____.

A. sponsorship
B. sweepstakes
C. product sampling
D. contests
E. product tie-ins

Ans: C. product sampling

Business

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One of the best methods of determining how consumers feel about the perceived differences between competitive products or services is through:

A) survey research. B) perceptual mapping. C) histograms. D) analysis of sales results.

Business

According to Table 11-3, there are five activities in a PERT project. What is the variance of the critical path?

A) 5.222 B) 4.222 C) 1.222 D) 0 E) 1.111

Business