At the consumer's option, an option credit account can be either paid in full or be a _____
a. layaway plan
b. deferred billing account
c. COD account
d. revolving credit account
Answer: d. revolving credit account
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Which of the following statements is true?
A. Both expansionary and contractionary monetary policy has the drawback of increasing unemployment. B. Both expansionary and contractionary monetary policy has the drawback of increasing inflation. C. Expansionary monetary policy has the drawback of increasing unemployment, while contractionary monetary policy has the drawback of increasing inflation. D. Expansionary monetary policy has the drawback of increasing inflation, while contractionary monetary policy has the drawback of increasing unemployment.
Bicycle store 2Wheels notices that it has a high proportion of low-profit customers, but the store doesn't want to terminate the customer relationship. What can 2Wheels do to make these customers more profitable?
What will be an ideal response?
Which of the following is a disadvantage of using blogs as a marketing tool?
A) The blogosphere is cluttered and difficult to control. B) Advertising on a blog is typically expensive and time consuming. C) Using blogs as a marketing tool offers minimum reach to a target audience. D) Blogs, when used as a marketing tool, have a low rank in web directories and search engines. E) Blogs do not provide the kind of personalized approach that today's marketers are looking for.
Which of the following most likely would be considered a discontinued operation?
a. Production or marketing functions are shifted from one location to another. b. A sporting goods manufacturer has a bicycle division that meets FASB's definition of a component of the entity and decides to outsource the manufacture of its bicycles. c. The unprofitable brands of a beauty products component of an entity that manufactures and sells consumer products are discontinued. d. An entity that is a franchiser in the quick-service restaurant business also operates company-owned restaurants that are unprofitable in a certain region and, as a result, the entity decides to exit both the quick-service business as well as the company-owned restaurants in that region.