Brand preference means customers usually choose the brand over other brands, perhaps out of habit or past experience.
Answer the following statement true (T) or false (F)
True
Brand preference means that target customers usually choose the brand over other brands, perhaps because of habit or favorable past experience.
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The primary objective of a store design is in implementing the retailer's strategy.
Answer the following statement true (T) or false (F)
A loss on the sale of machinery in the ordinary course of business should be presented in a statement of cash flows as a(n):
a. adjustment to reconcile net income to cash from operating activities. b. operating activity. c. investing activity. d. noncash exchange.
Consolidation among fuel providers serving airport facilities is viewed in the five forces model of competition as a(n):
A. reduction of the airlines' ability to benefit from economies of scale. B. increase in switching costs because the airlines have no choice but to use jet fuel and other oil products. C. increase in the bargaining power of suppliers of a critical input. D. increase in the intensity of rivalry among airlines for scarce resources.
The cost of merchandise available for sale minus the value of ending inventory at cost equals the _____
a. gross profit b. cost of goods sold c. beginning inventory d. open-to-buy