Which of the Following Statements About Manufacturers Is True

question 57

Multiple Choice

Which of the following statements about manufacturers is true?

• A) Most manufacturers have more than 50 employees.
• B) Small manufacturer with less than 50 employees account for half of the total dollar value added.
• C) Small manufacturers now have purchasing procedures just as formal as large manufacturers.
• D) Manufacturers with less than 50 employees have more employees overall than manufacturers with 50 or more employees.
• E) Marketers often segment industrial markets on the basis of customer size.

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Definitions:

Knowledge Framework

A structured system of understanding that organizes and categorizes information or concepts to facilitate learning and comprehension.

Sequence Of Events

A chronological order of events or actions that follow each other in a specific setting or narrative.

Projection Effect

Projection effect describes a cognitive bias where individuals assume that others share the same beliefs, attitudes, or feelings as they do.

Bright Red

A vivid shade of red that is highly saturated and visually striking, often associated with energy, passion, or warning.