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Continuous manufacturing means; products are made with constant interruption in the production line.
What is the process of making a raw material into a finished product quizlet?
A celebritys picture on a products packaging increases the sale of the product.
Procuring products from suppliers close to one’s own facilities refers to ____.
As the aggregate price level rises the quantity of domestic products purchased by foreigners will
Ideas based on selling existing products or services in a new context are called:
Labor costs that can be easily and conveniently traced to specific products are
The total demand for many business products that is not affected much by price changes is called:
By increasing the perceived value of a firms products or services, a firm will be able to
___ is measured by dividing the total products produced by the number of workers.
A journal entry that debits Finished goods and credits Work in process records the
Corporate partners work with a focal company to make and supply products and services to consumers.
Which of these products would most likely be produced with a fixed position layout?
A ______ is necessary for a consumer to differentiate between different products.
Who purchases and resells products to consumers for their personal or family use?
A ____ business sells directly to consumers products manufactured by other firms.
When the goods are sold their costs are transferred from work in process to finished goods True or false?
The primary purpose for allocating common costs to joint products is to determine
The EOQ model is best suited for items whose demand is dependent on other products
What is the combination of distribution channels by which a firm gets products to end users?
The forms of communication that an organization uses to promote its products are known as what?
What types of products usually use a flighting pattern for scheduling advertising?
When raw materials are issued into production the raw materials account is debited?
Is the term that describes the actions a person takes in purchasing and using products and services
What is the term that refers to adding value to a product by making it more useful?
The ability to produce a variety of products within a short period of time is called
Do utility created by converting production inputs into finished products is called?
How do the cardiovascular system and the respiratory system work together to provide the body with oxygen and dispose of waste products?
What is the first step a marketer should take to estimate a products potential sales?
It is the use of outside vendors to produce products that were formerly produced in-house
Businesses use to help promote products and services and reach out to potential customers .
Which of the following is a company-focused pricing objective for sport/event products:
Which management focuses on the transformation process of input and raw materials into finished products?
What are the three costs that are added to Work in Process accounts of a manufacturing company?
When marketers send products to only a few preferred retailers they are using a N distribution strategy?
Products tend to be those that are visible to others (such as cars) and are more expensive, while
American consumers who preferentially select products made in the usa demonstrate high ________.
Middle managers make long range strategic decisions about the firms products and services
Which strategy seeks to increase market share of present products or services in present markets through greater marketing effects?
Strategic market research: identifying products, services and technologies when performing
Which function of a firm is concerned with the design of products and production processes
What refers to the decision processes and actions of people who purchase and use products?
Many manufacturers pay product testing organizations to perform safety tests on their products
What is the term applied to the efforts of individuals to produce and sell products and services that satisfy social needs through the Internet?
What is company growth through starting up or acquiring businesses outside the companys current products and markets?
What is the way the product is defined by consumers on important attributes the place the product occupies in consumers minds relative to competing products?
Under Which strategy would you offer products or services to a wide range of customers at the lowest price available on the market quizlet?
Which strategy is effective when you but related products could be offered at highly competitive prices?
Informal communication among consumers about products and services involves word-of- influence.
A product diversification strategy focuses on developing entirely new products for new markets
Which cost accumulation procedure is best suited to similar products in the production process?
What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?
Using absorption costing, which of the following manufacturing costs are assigned to products?
Which of the following sections of a business plan comes first but should be last C products and services D funding request B executive summary goals and strategies?
What results from the added costs incurred as a result of exporting products from one country to another quizlet?
In which of the following ways can a company make its products more economical for buyers?
Listing products in descending order of their individual dollar contribution to the firm is called
Firms that buy products from manufacturers and ultimately resell them to retailers are called:
Are short term incentives which are used by firms to encourage the buyers to make immediate purchase of their products?
Which concept states that consumers will favor products that offer the most quality performance and features?
What is a box running across a website that advertises the products and services of another business usually another ebusiness multiple choice question?
What term refers to all raw materials components completed or partially completed products and pieces of equipment a firm uses?
Which Organisational structure is suitable for business having a large variety of products?
Which type of store is much larger than regular supermarkets and offers a large assortment of routinely purchased food products nonfood items and services?
How can marketers use an understanding of consumers personalities to market their products?
A competitive strategy which is based on selling existing products to existing markets is called
Which business function involves activities that make products and services available to consumers?
Which of the following is called a group of potential customers to whom a company wants to sell its products and services?
What strategies do companies use to extend the life cycles of products through the maturity stage?
What type of customer is outside your organization and expects you to provide services or products?
Is the ability of your lungs and heart to deliver oxygen to the working muscles and to remove waste products during vigorous activity?
Which of the following gives suggestions for new product and also help to market new products?
When production runs are short and machines are frequently change to make different products which process is being used for production?
When production runs are short and machines are frequently changed to make different products which process is being used for production?
What is the term that is also known as mass selling and its goal is to inform persuade and remind consumers about specific products and services?
Some of the medical technology available includes products used to do which of the following?
Which concept refers to the customs the beliefs values arts and other products of human thought and work that characterize the people of a given society?
Which function of a business is responsible for promoting and selling products or services?
How does marketing impact your decision to produce distribute and launch your products and services
Is the act of dividing a market into distinct groups of buyer who might require separate products?
Which organizational structure is suitable for business having a large variety of products?
Are activities or tasks the firm completes in order to produce products and then sell distribute and service those products in ways that create value for customers?
The biggest problem likely experienced by the seller of products in different cultures is a lack of
When a company produces products when consumers want them, it creates which type of utility?
What market structure in which many companies sell products that are similar but not identical?
Which of the following market type has a large number of firms that sell similar but slightly different products?
_____ involves running broken, defective, and scrap products backward through the supply chain.
Which of the following is the time by which an activity can be finished without delaying the completion of the project?
Work flow analysis identifies the products of any work unit. what are these products called?
Manufacturers of branded products are concerned about gray market activity because it can lead to
When a product gets an attractive name symbol or any identity mark to look different from other products is known as?
Is suitable for those business enterprises where a large variety of products are manufactured using different productive resources 1 point?
Which type of organizational structure is the most suitable for business enterprises where a large variety of products are being manufactured?
Which structure is suitable for those business enterprises where a large variety of products are manufactured using different productive resources?
Which term refers to all the activities involved in making products goods and services for customers *?
Identifying other organizations that produce high-quality products/services in order to emulate them
What is the result of the creation, delivery, use, and disposal of products valued by society?
For which of the following products would the intensive distribution strategy most likely be used?
How do consumers develop opinions and beliefs about a set of products they will consider buying
To handle products in the decline stage of the product life cycle companies often use either
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