When firms estimate the costs of outsourcing to low-wage countries, they often overlook elements such as shipping distances

Which of the following is the most likely reason that employees regularly attend trade shows and seminars?

A) to analyze the product life cycle B) to test new product concepts C) to get new product ideas D) to imitate competitors' products and strategies E) to implement a team-based new product development approach

A(n) ________ is typically a nondurable good or service that consumers purchase frequently with a minimum of comparison and effort

A) specialty product B) MRO product C) shopping product D) convenience product E) unsought product