The phrase "relatively homogeneous collections of prospective buyers" is most descriptive of
A. qualified prospects.
B. market segments.
C. demographic clusters.
D. organizational buyers.
E. ultimate consumers.
Answer: B
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The annual percentage rate (APR) on a single-payment loan of $1,000 at a simple interest rate of 12% is:
A. 10%. B. 12%. C. 15%. D. 18%. E. 24%.
A company has the choice of either selling 1,000 unfinished units as is or completing them. The company could sell the unfinished units as is for $4.00 per unit. Alternatively, it could complete the units with incremental costs of $1.00 per unit for direct materials, $2.00 per unit for direct labor, and $1.50 per unit for overhead, and then sell the completed units for $8.00 each. If the company completes the units, what is the impact on income?
A. Income will decrease by $500. B. Income will increase by $500. C. Income will increase by $4,000. D. Income will increase by $8,000. E. Income will decrease by $4,500.
A missionary salesperson is usually employed by
A. a retailer. B. a wholesaler. C. either a retailer or a producer. D. a manufacturer. E. an independent intermediary.
In order to have adverse possession, the adverse user must engage in a hostile use of someone else's property
a. True b. False Indicate whether the statement is true or false