Because of ----, businesses are forced to be competitive:  Both internet and E-commerce 2 Milton Friedman’s famous maxim, paraphrased: The social responsibility of business is to:  Make a profit  3 An income gained from business activities, this term m

Because of ----, businesses are forced to be competitive:  Both internet and E-commerce 2 Milton Friedman’s famous maxim, paraphrased: The social responsibility of business is to:  Make a profit  3 An income gained from business activities, this term means the gross (before taxes, expenses, etc.):  Revenue  4 The point with the largest vertical distance between the total revenue and total costs represents the point at which:  Production is optimized and profitability peaks  5 The most difficult part of marketing mix is:  Pricing  6 Self-actualization is NOT:  Buying a Mercedes 7 The Robinson-Patman Act: Both a and b 8 The ROI equation does not: This study source was downloaded by from CourseH on :25:52 GMT -06:00  Include customer service values  9 ---- represent where the total revenue and total cost are equal.  Break-even analysis 10 ------- must be established with added value, or what is above and beyond what is expected.  Positioning