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| Question | Answer |
|---|---|
| Which of the following is a policy that the WNJ Company might implement to reinforce its image as an efficient and responsive business? | Requiring employees to respond to customer inquiries within 24 hours. |
| John communicates through all advertisements that his employees go through extensive training. What is John doing? | Making a brand promise. |
| Any business that transports goods across state lines must comply with standards set by... | Government agencies. |
| Teri purchased a new car and expects for the entertainment system to work smoothly. Which warranty is Teri expecting to be fulfilled? | Implied. |
| When products are graded by nongovernmental agencies, the grading is... | Voluntary. |
| What will probably happen to a business if it continuously fails to deliver on its brand promise? | Lose credibility. |
| One way a company can reinforce its image is by... | Training its employees. |
| One way of reinforcing the company's image through employee performance is by making sure employees have... | Thorough knowledge of the products. |
| A business's brand promise is what the business intends to... | Provide the customer. |
| What is a purpose of warranties and guarantees? | To protect the producer and the seller. |
| Why does a company need to know what stage of the product life cycle its products are in? | To adapt its marketing strategies. |