Functional managers are responsible for the efficiency and effectiveness of an area such as accounting or marketing

a. true
b. false

Answer: a. true

Business

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Which of the following characteristics do intangible assets possess?

a. Physical existence. b. Claim to a specific amount of cash in the future. c. Long-lived. d. Held for resale.

Business

________ positioning involves providing the most upscale product or service and charging a higher price to cover the higher costs

A) More for the same B) More for less C) Same for less D) Less for much less E) More for more

Business