One of the objectives that a bootstrap marketing plan should accomplish is:
A) it should pinpoint the target market.
B) it should determine customer needs, wants and characteristics.
C) it should identify company vendor potential.
D) Both A and B
Answer: D
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If my mother uses an OXO potato peeler and encourages me to buy one, my consumer behavior is being influence by what?
A. Cultural factors B. Social factors C. Personal factors D. Psychological factors
A 95% confidence interval is (54.5, 57.5) based on a sample size of 25. What is the sample standard deviation?
Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20. No. of breakdowns per week Probability Cumulative probability 0 .10 .10 1 .25 .35 2 .36 .71 3 .22 .93 4 .07 1.00 A) 3.826 B) 19.132 C) 8.973 D) 11.646