Identification information is a type of information obtained in a questionnaire that includes name, address, and phone number

Indicate whether the statement is true or false

TRUE

Business

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Reed Krakoff, head designer for Coach Brand handbags and accessories stated "When something doesn't sell, I never say, 'Well, people didn't understand it.' If people don't understand it, it doesn't belong in the store." This statement underscores the fact that:

A) consumer preference changes with time. B) seasonal variation and store displays are important. C) market research is vital for success. D) Coach Brand is not very popular. E) people dislike brands that are newly introduced.

Business

Generally, most products are in which traditional product life-cycle stage?

a. introduction b. maturity c. growth d. competition

Business