Business Product Classes

question 173

Multiple Choice

Business product classes

• A) are based on where buyers shop for products.
• B) are based on how products will be used.
• C) are based on the buying situation-whether the decision is new task, straight rebuy, or modified rebuy.
• D) are based on whether the price is easy to compare.
• E) None of these alternatives is a good answer.

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Definitions:

Proxy Fight

A battle for control over a company, where opposing parties attempt to win the votes of shareholders to effect change in the company's board of directors.

Incompatible Operations

Processes or activities that cannot be efficiently executed together due to differing requirements or objectives.

Spinoff

A type of corporate restructuring where a division or subsidiary is separated from the parent company to form a new independent entity.

Subsidiary Divestiture

The process of a parent company selling off or otherwise disposing of a part of its business operations, often a subsidiary, division, or asset.