Black markets may develop and continue primarily because they
a. are exciting.
b. are heavily advertised in the mainstream media.
c. have an efficient distribution system.
d. carry a wide variety of goods with attractive packaging and feature displays.
e. fulfill very basic human needs.
Question 2
Which of the following is TRUE?
a. Many managers cannot clearly and precisely state the nature of the decision problem they want investigated.
b. Managers do not need to be actively involved in the marketing research process.
c. If a decision maker will not change his decision regardless of the result of the research, the research should still be conducted for informational purposes.
d. A researcher should not worry about the decision alternatives as decision makers typically will provide researchers with a complete list of them.
e. All of the above statements are true.
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