The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.
Answer the following statement true (T) or false (F)
True
The physical distribution (PD) concept seeks to minimize the cost of distribution for a given customer service level.
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All of the following are non-monetary assets except
A) goodwill. B) patents C) inventory. D) accounts receivable.
Samos, Inc purchased certain plant assets under a deferred payment contract. The agreement was to pay $75,000 at year-end for each of the next three years. The plant assets should be valued at
A) present value of a $75,000 annuity for three years discounted at the bank prime interest rate. B) $225,000. C) present value of a $75,000 annuity for three years discounted at the market interest rate. D) $225,000 plus imputed interest.
Companies with lower costs ________
A) specialize in selling products with value-added features B) usually market products with inferior quality, thereby justifying the low selling price C) can set lower prices that result in smaller margins but greater sales and profits D) tend to overprice products owing to their monopolistic advantage E) usually set higher prices that result in higher margins
When the Pharmaceutical Manufacturers Association spent eight million dollars creating and placing a print campaign arguing that the most expensive drugs represent just five percent of national health care expenditures, the association was using
public relations. Indicate whether the statement is true or false