Premium pricing can only be applied to luxury products.
Indicate whether the statement is true or false
Question 2The ________ was founded in 1944 to help restructure impoverished economies.
a. World Bank
b. Bank for International Settlements
c. International Finance Corporation
d. International Monetary Fund
Question 3Smaller segments can actually be more profitable than larger segments.
Indicate whether the statement is true or false
Question 4In the United States, the ________ defines critical infrastructure as systems and assets so vital that any breakdown in them would have a debilitating impact on security, national economic security, national public health, or safety.
a. First Amendment
b. Fourth Amendment
c. Patriot Act
d. National Security Act
Question 5One key assumption that underlies market segmentation is consumer preference uniformity.
Indicate whether the statement is true or false
Question 6The ________ trading bloc in Latin America encourages trade relations between its members and through its rules and standards also affects the trade and investment flows of nonmember countries.
a. NAFTA
b. Mercosur
c. WTO
d. CARICOM
Question 7Supply bases will likely expand significantly by 2015 to improve supplier performance, collaboration and integration of suppliers in new product development.
Indicate whether the statement is true or false
Question 8Commodity management teams are required to achieve supply excellence.
Indicate whether the statement is true or false
Question 9Metrics will be needed that clearly link the performance of supply management to the strategic performance of the organization, including cost, assets and revenue.
Indicate whether the statement is true or false
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