That the company that overlooks new and better ways to do things will eventually lose customers to another company that has found a better way to serving customer needs is a major tenet of ?

Related Mcqs:

Externalities are a problem only if ?

A. decision makers do not take them into account B. all firms are perfectly competitive C. the externalities are negative D. all firms are monopolistic...

________ is setting the price steps between various products in a product the based on cost difference between the products, customer evaluations of different features, and competitors prices ?

A. Optional-product pricing B. Captive-product pricing C. Product line pricing D. By-product pricing...

The shrinking or distances due to technological advances such as computer and fax connections by telephone are one characteristic of what new challenge to marketing ?

A. Rapid globalization B. The changing world economy C. The call for more socially responsible marketing D. The micro-chip revolution...

A __________ is a brand created and owned by a reseller of a product of service ?

A. licensed brand B. manufacturer’s brand private brand C. private brand D. co-brand...

All of the following factors can affect the attractiveness of a market segment EXCEPT ?

A. the presence of many strong and aggressive competitors B. the likelihood of government monitoring C. actual or potential substitute products D. the power of buyers in the segments...