_______, managers need to understand where the market is going and how their products and services will fit into the market and meet customer needs. ________, they need to ensure that the right product reaches the right customer at the right time and at the right place for the right price.

A. Tactically; tactically
B. Strategically; strategically
C. Strategically; Tactically
D. Decisively; tactically
E. defensively; tactically

Ans: C. Strategically; Tactically

Business

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Jones conveyed his ranch to Brown using a land contract. The ranch was serviced by a mutual water company, and Jones was a stockholder in the company. The stock which Jones owned was appurtenant to the land. Does Brown have to enter into a separate contract for the stock of the mutual water company:

A: Yes, since stock is always personal property and therefore not included in land contracts; B: No, because land in California cannot be sold without water rights; C: Yes, because real property is not always accompanied by water rights; D: No, because the stock was appurtenant to the land and therefore part of the real property and part of the land contract.

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Who is the "Father of Marketing Research"?

A) Charles Coolidge Parlin B) Robert Bartels C) A.C. Nielsen D) Alfred Politz E) J.C. Snead

Business