Which of the following statements is true about firms pursuing a click-and-mortar business strategy?
A) These firms are only involved in export business activities.
B) These firms operate in both physical and virtual arenas.
C) These firms are involved in rafter bidding activities.
D) These firms conduct business only electronically in cyberspace.
E) These firms avoid indulgence in physical store locations.
B
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The first step of a market research program is to establish the problem to be addressed
Indicate whether the statement is true or false
A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the same window. Arrivals follow a Poisson distribution, while service times follow an exponential distribution
What type of queuing model is exhibited in this problem? A) M/M/1 B) M/M/2 C) M/D/2 D) M/D/1 E) M/G/1