If a Coin Is Tossed Three Times, the Likelihood of Obtaining

question 31

Multiple Choice

If a coin is tossed three times, the likelihood of obtaining three heads in a row is

• A)zero
• B)0.500
• C)0.875
• D)0.125

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Definitions:

Market Orientation

An approach requiring organizations to gather information about customer needs, share that information throughout the firm, and use that information to help build long-term relationships with customers.

Labeling

The presentation of important information on a package.

Sales Orientation

Sales orientation is a business approach that prioritizes selling products and services through aggressive promotion and sales techniques.