Which of the Following Statements Is Not True

question 38

Multiple Choice

Which of the following statements is not true?

• A)Quantifying longer-term implications of short-term actions is relatively simple.
• B)It is important to consider longer-term implications of short term decisions because of potential tradeoffs between short-term and long-term interests.
• C)Many managers follow a "peel the onion" approach to assessing decision effects, first by estimating the short-term effects, and then expanding the range of considered factors.
• D)For longer-term actions, in many cases, qualitative assessments are the only ones possible, and large estimations errors accompany such assessments.
• E)All of the above statements are true.

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Definitions:

Aggregate Target

The overall, combined target audience or market segment that a company aims to reach with its product or service.

Retail Life Cycle

The progression of stages that a retail business or product goes through, from introduction and growth to maturity and, eventually, decline.

Accelerated Development

A strategy employed to speed up the process of product development and market introduction in order to leverage competitive advantages.

Retail Life Cycle

The progression of stages through which a retail business or product category goes, from introduction and growth to maturity and decline.