Intro to Business Ch.9-10

Which of the following conditions will result in a lower rather than a higher price?

A large quantity of available products

When businesses specialize in producing a specific type of product, a channel of distribution will be needed to adjust differences in

Assortment

An _?_ is an even that allows a person to contact several prospective employers in a short time

Career fair

The first step of the career planning process is to..

Determine your interests and abilities

Which of the following is an example of a rational buying motive?

Economy

A commonly suggested action to take after an interview is to

Evaluate your performance in the interview

The ___ occurs when your leaving a job

Exit interview

True or False a persons values are also called natural talents

False

True or False. The first step in marketing research is to develop a data collection procedure

False

The two steps in a marketing strategy are

Identifying a target market and developing a marketing mix.

The availability of a service must match the demand for that service at a specific time because it is:

Inseparable

Spending time with a worker on the job to learn about a career is called

Job shadowing

The best definition of marketing is

None of the above is correct

The purpose of an informational interview is to

Obtain information about a career area

The most expensive but also most effective type of promotion is

Personal selling

The main purpose of a cover letter is

Request an interview

Which of the following is not a part of effective communication?

The advertisement

True or False. Most new products introduced by companies are not totally new, but are improvements on existing products.

True

True or False. Volunteering experience can result in obtaining career skills

True

A desire to assist others in your job is an example of

Values

The item least likely to be included on a resume is

Your references