Which of the following is not an element in the retail mix?
A. Customer service
B. Competitive response
C. Merchandise pricing
D. Advertising and promotion
E. Location
Answer: B
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Two discounting models for capital investment decision making are net present value and internal rate of return
Indicate whether the statement is true or false
________ are the underlying qualities and desirable behaviors that are important to an organization.
A. Ethics B. Values C. Norms D. Benchmarks E. Traits
Select the definition of control.
A. Control is the process of giving people additional tasks to do at the same time to alleviate boredom. B. Control is people's perceived likelihood that their efforts will enable them to attain their performance goals. C. Control is the process of applying a consequence that increases the likelihood of a person repeating the behavior that led to it. D. Control refers to the expected performance for a given goal. E. Control is any process that directs the activities of individuals toward the achievement of organizational goals.
Which factor favors promotion during low-demand periods?
A) High forward buying B) High ability to steal market share C) High ability to increase overall market D) High margin