Arranging your material into a series of appropriate topics is referred to as ______ order.
Fill in the blank(s) with the appropriate word(s).
Ans: topical
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Which of the following statements about variances is false?
a. Standards that provide for no inefficiency of any kind are called ideal standards. b. Ideal standards will quite often produce favorable variances. c. Another name for ideal standards is theoretical standards. d. Both favorable and unfavorable variances should be investigated.
Which of the following is true of social media?
a. It cannot be compared to traditional advertising in any meaningful way. b. It offers a mass-media method of interacting with customers. c. It has less sophisticated ways of measuring how marketers meet and interact with consumers than traditional advertising. d. It offers more one-to-one ways to meet consumers than traditional marketing media.
Which of the following is NOT a major duty, which the agent owes to the principal?
a. Duty to obey instructions. b. Duty to act in good faith and with loyalty. c. Duty to indemnify. d. Duty to exercise care.
All for Fun is a retail store that offers a variety of board games, magic cards, and other collectible items and caters to teens and adults who enjoy strategy-based games. The store has over 12,000 magic cards and utilizes a sophisticated computer system to identify the value of each card. All for Fun determines the rarity of a given card and adjusts prices according to how much money customers are likely to pay for a particular card. Cards that are in limited production or considered "rare" are more expensive than cards that are widely available. Thus, the price for a single magic card might vary between $25 and $50 or more per card depending on the market. What type of pricing is All for Fun utilizing?
A. Demand-based pricing B. Markup pricing C. Cost-plus pricing D. Competition-based pricing