Which of the following best explains why a company would adopt an undifferentiated targeting strategy?

A) to more efficiently focus on customer relationship management
B) to remove the need for disintermediation
C) to move a product to the next stage of its product life cycle
D) to take advantage of economies of scale
E) to reach the underserved "bottom-of-the-pyramid" consumers

D

Business

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In a principal-agent relationship, amounts collected on behalf of the principal are recorded as revenue by the agent.

a. true b. false

Business

Which of the following is the best interpretation of the meaning of a 95% confidence interval?

A) if you took many samples, 95% of the sample findings would fall within your confidence interval B) if you took many samples, 5% of the sample findings would fall within your confidence interval C) if you took many samples, 95% of the sample findings would fall outside your confidence interval D) if you took many samples, 99% of the sample findings would fall within your confidence interval E) if you took many samples, 100% of the sample findings would fall within your confidence interval

Business