The type of cost that is determined by the number of units produced is called:
a. fixed
b. selling
c. differentiation
d. individual branding
e. variable
e. variable
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In marketing, the effective rules of the game, the boundaries between competitive and unethical behavior, and the codes of conduct in business dealings are referred to as
A. corporate values. B. business cultures. C. fair trade practices. D. societal mores. E. societal norms.
When creating a problem statement, frame the problem for your audience by starting with a brief description of the ____.
A. suggested solution B. ideal situation C. budget constraints D. risks involved
Which of the following statements about profitability measures is NOT generally true?
A) Other things equal, the firm and other investors prefer higher profitability ratios. B) Profitability measures use values from the firm's income statement. C) Profitability measures use values from the firm's balance sheet. D) All of the above are true.
Anna Levandowski took out a $4,000 simple interest loan at 8% interest for 24 months to buy a wave runner. Her monthly payment is $180.91. After making payments for 9 months, her balance is $2,574.21. She decides to pay the loan off with her next payment. How much will her final payment be? How much interest will she save?