If a person accepts the benefits of an unauthorized transaction, or fails to repudiate it, then he is bound by the act as if he had originally authorized it

According to the text, organizations can become customer-oriented by:

A) distributing information on all important buying influences only among marketing department personnel and brand managers. B) making strategic and tactical decisions interfunctionally and interdivisionally. C) spending large sums of money in research and development. D) introducing line extensions rather than creating new products.

Experience curves are the opposite of learning curves—as one rises, the other falls

Indicate whether the statement is true or false