Question: 1. The readings talk about Packaging and labels. Do you read labels on the food products you buy? Do the ingredients typically match the colorful

1. The readings talk about Packaging and labels. Do you read labels on the food products you buy?

Do the ingredients typically match the colorful artwork and do you feel that you got a fair deal or you were deceived?

2. List some benefits and disadvantages of test marketing.

3. The readings discuss different price strategies. What type of pricing does Apple use for the iPhone? Explain

4. What is inventory management and why is it important for any business to have good inventory management?

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1 Yes I do read labels on food products I buy especially for items I consume regularly or if Im trying something new The ingredients dont always match the colorful artwork and sometimes theres a discr... View full answer

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