If X increases in value as Y decreases in value, what type of correlation exists?
a.Positive
b.Negative
c.Neutral
d.None
ANS:B
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Dantone, Inc. provides the following information:
Calculate the return on investment.
A) 14%
B) 56%
C) 1%
D) 15%
During ________ the company receives materials it needs to manufacture its products
A) inbound logistics B) operations C) outbound logistics D) marketing and sales E) service
Dinkins Company purchased a truck that cost $46,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck had an estimated salvage value of $8,000. If the truck is driven 26,000 miles in the current accounting period, what would be the amount of depreciation expense for the year?
A. $7,600 B. $11,960 C. $9,880 D. $9,200
When comparing the various communication channels available to marketing professionals, it becomes apparent that
A. public relations is the least expensive, but the most successful. B. consumers prefer advertising over other channels. C. no single channel is better than another channel. D. online marketing is taking the place of advertising and public relations. E. personal selling is the most expensive and the least successful.