Product line length refers to the amount of the different products that come under the same family brand.

Answer the following statement true (T) or false (F)


False

Product line length is the number of individual products in a product line. Firms can add more colors, flavors, styles, and sizes to appeal to a wider range of customers.

Business

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Walmart pulled out of Germany; Best Buy closed several stores in China. These examples illustrate that it is not possible to export a retail business model that has proven successful in the domestic market

Indicate whether the statement is true or false

Business

Which of the following entries records the receipt of cash from patients on account?

A) Accounts Payable, debit; Fees Earned, credit B) Accounts Receivable, debit; Fees Earned, credit C) Accounts Receivable, debit; Cash, credit D) Cash, debit; Accounts Receivable, credit

Business

Cloud-based ERP systems account for approximately what percentage of the modern ERP systems global market?

a. 10% b. 25% c. 70% d. 95%

Business

The primary benefit of diversification is:

A) an increase in expected return. B) an equal reduction in risk and return. C) a reduction in risk. D) Diversification has no real benefit; it is a shell game promoted by investment advisors who are the only real winners.

Business