There are two separate concepts in Cost of Service pricing. They are:
a. head haul, back haul and extent of competition
b. commodity and density
c. prices based on average or marginal cost
d. competition and direction of travel
C
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Promotions that are designed to increase product availability in distribution channels are known as:
A) price promotion. B) non-price promotion. C) trade sales promotion. D) sweepstakes promotion. E) sampling.
Able Co budgeted production of 5,000 bracelets and 7,500 necklaces for January. Each bracelet requires 5 minutes of labor, and each necklace requires 6 minutes of labor. If labor costs are $15 per hour, the direct labor cost budget for January is ________
a. $18,750 b. $17,500 c. $15,625 d. $16,875
Which of the following statements is FALSE? A minor breach of contract
A) is a breach of warranty B) does not end a contract C) gives the plaintiff the right to sue for damages D) allows the plaintiff to cancel the contract or sue for damages, it is their choice E) requires the plaintiff to mitigate their losses if they sue for breach of contract
In the context of a SWOT (strengths, weaknesses, opportunities, and threats) analysis, which of the following exemplifies an external threat to a company?
A. Establishment of a company in a poor location that hampers its supply chain B. Nonwork related issues that cause dissatisfaction among a company's employees C. Significant changes in the taxation policies implemented by the government D. A rampant growth of business in foreign markets