List at least three disadvantages of using credit
What will be an ideal response?
Answer: A) high cost of using credit; B) difficulty in repayment; C) impulse purchases that you cannot afford; D) reduces your ability to save; E) potential bankruptcy.
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When the trade-in allowance exceeds the carrying value of an asset exchanged, a loss has occurred
Indicate whether the statement is true or false
The recent large increase in ________ has caused consumers to adjust their spending in other categories.
A. consumer confidence B. property values C. automobile prices D. interest rates E. gasoline prices
Research indicates that emerging middle-class consumers in developing countries desire brand names that sound
A. American. B. German. C. Chinese. D. British. E. French.
The allocation of supply sources and markets to facilities has a significant impact on performance because
A) it cannot affect total production, inventory, and transportation costs incurred by the supply chain to satisfy customer demand. B) it cannot affect customer demand. C) it affects total production, inventory, and transportation costs incurred by the supply chain to satisfy customer demand. D) it cannot satisfy customer demand.