A+ Answers

All of the following are examples of employee benefits except 
What is the problem-solving approach to performance feedback interviews? 
Western Civic Club’s goals differ from those of a profit-driven business, meaning that it is part of a(n) ____ market.
The elements of the marketing mix are combined to
The effects of changes that can cause a product to become obsolete almost overnight would best be called ____ forces.
The amount of a product an organization expects to sell during a certain period of time, based on a specified level of marketing effort, is called a.
All of the following are ways to collect useful marketing research information except e. buying from commercial or governmental data sources.
A brand that is owned by a producer is called a
A written explanation of the responsibilities of the producer in the event the product is found to be defective or otherwise unsatisfactory is called a(n)..
The number of units that must be sold for the total revenue to equal the total cost is called the ____ quantity.
If the manager at Best Buy puts a sign up next to a Pioneer stereo that reads, “Only $199.99! $58.01 less than CircuitCity,” this is an example of what type of pricing strategy?
McLane Distributors, a wholesaler, buys large quantities of health and beauty care products, light bulbs, batteries, canned food, computer disks, and more, and sells them to retailers. McLane is a(n) _____ wholesaler.
The Home Depot runs a television campaign that demonstrates its support of Olympic athletes in order to enhance the firm’s image. This is ____ advertising.
Vicky works as a salesperson for Lands’ End. Her duties consist of taking customer orders over the telephone and ensuring that the information is properly entered so that customers will receive the products they need. Vicky is a(n)
A shelf dispenser in a supermarket provides pieces of paper that offer $1.00 off any Thermasilk hair care product. Customers can redeem their savings at the time of purchase. This sales promotion is a _____.
Quantitative measurements like unique visitors, number of views, and ratio of visitors to posted comments are typical measurements
KPIs are a. the benchmarks that a company sets for themselves.
data gathered for an MIS come from.
If a company has $50,000 of assets, which of the following could be true?
A prepaid expense would be classified as a.
Energizer offers its customers a reduction in price if they pay for their shipments of batteries within ten days of receiving them. This is a(n).
All of the following are uses of long-term financing except c. eliminating immediate cash-flow problems.
Slater Co. has very old computers and manufacturing equipment and knows it needs to upgrade them or risk losing much of its business. Slater does not have the money to purchase the computers, so it will most likely need
Todd develops a plan for obtaining and using the money necessary for his company to implement its goals. This is called a(n) a
The steps in effective financial planning are
Money obtained through various types of loans is called.
Sara Lee Corporation is a large conglomerate of businesses participating in a variety of industries. A few years ago, Sara Lee was considering the purchase of Bryan Foods. If Bryan Foods represented a tremendous opportunity to make the company more successful, Sara Lee may, as a last resort, have considered
Which of the following might be considered the most drastic step in securing funding, often a last resort for a corporation?
Jackson Ski Equipment receives an invoice for $10,000 worth of merchandise from one of its suppliers. The invoice has discount terms of 2/10, net/60. Twenty days later, Jackson Ski Equipment writes a check for ____ to pay the invoice.
Dillon Wholesale Foods allows retailers to purchase merchandise using trade credit. For Dillon, this type of transaction
The lowest rate of interest charged by a bank for a short-term loan is known as a.
A firm that specializes in buying other firms’ accounts receivable is called a(n).
What right do most common stockholders have that most preferred stockholders do not have?
A factor will buy accounts receivable for
The “Capstone” course taken in the Senior year for Business majors is a. Management Strategy
Constraints on human resources strategic planning include
General Motors has been dealing with this risk and decision issue:
how can a company try to defend its risk decision?
The “Scale of awfulness” is a tool to visually depict: