Which of the Following Statements Is False

question 16

Multiple Choice

Which of the following statements is false?

• A) Jobs involving finance and accounting may be automated.
• B) Jobs involving food service will unlikely be automated.
• C) Automation will require that many employees retrain.
• D) Many individuals could lose their jobs due to automation.
• E) None of the above are correct.

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Definitions:

Market Positioning

Involves the process of defining the marketing mix variables so that target customers have a clear, distinctive, desirable understanding of what the product does or represents in comparison with competing products.

Marketing Mix Variables

The controllable factors that a company uses to influence consumers' purchase decisions, traditionally known as the 4Ps: Product, Price, Place, and Promotion.

Target Customers

Refers to a specific group of consumers identified as the recipient of a marketing message or campaign due to their potential interest or need for a product or service.

SWOT Analysis

A strategic planning technique used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.