Multiple Choice
Which of the following was a characteristic of the sales and marketing eras?
A) By the first decade of the 20th century,production had resulted in spectacular increases in the amount of goods and services that were available.
B) During the sales era,much emphasis was placed on market research to find out what customers wanted.
C) During the marketing era,it was assumed that business profits and business success depended on hiring the right salespeople and advertising heavily.
D) During the sales era,business firms produced what they were good at producing,rather than what consumers wanted.
E) None of these statements are accurate.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The point at which the quantity of
Q34: A demand and supply schedule is derived
Q78: A demand curve shows the amount of
Q168: A nation's economic system is its way
Q170: A demand and supply schedule<br>A) allows a
Q175: In 2011,the top three profit-making companies in
Q176: During which period did mass production reduce
Q177: A GlobeScan poll of 20 000 people
Q178: Briefly describe the concept of laissez-faire.
Q248: Revenue taxes are levied to control certain