A sudden drop in the average consumer income would be an example of which environmental force?

A. economic
B. social
C. technological
D. regulatory
E. competitive


Answer: A

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Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a cost of $1,257 for $2,200 to a customer on account with the terms 3/15, n/30. Weston paid $125 for delivery of the merchandise. Calculate the amount of net sales revenue. (Round any intermediary calculations and your final answer to the nearest dollar.)

A) $2,325 B) $2,200 C) $2,134 D) $1,257

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The "Got Milk" campaign was intended to boost sagging milk consumption among Californians in the 1990s

The campaign ads highlighted the inconvenience of running out of milk when intended to be used with certain foods, such as cookies or muffins, advising consumers to stock up on milk to avoid such inconveniences. The "Got Milk?" campaign is an example of ________ advertising. A) informational B) reminder C) institutional D) comparative E) reinforcement

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Property of the Estate. John Patrick Goulding filed for Chapter 7 bankruptcy relief in 1987. In his schedules, he listed assets of $62,000 and debts of over $670,000. The majority of these debts were unsecured and were not consumer debts. The Federal

Deposit Insurance Corp (FDIC), as successor to two banks, was the largest unsecured creditor ($379,000). The FDIC and the trustee learned that Goulding was the beneficiary of three irrevocable spendthrift trusts (the assets of which cannot be reached by creditors) that provided him with $12,000 per month, and that he would receive from the corpus (principal) of one trust $200,000 on January 30, 1988. The trustee and the FDIC filed a joint motion requesting the court to dismiss Goulding's Chapter 7 petition. Discuss whether the court should have dismissed Goulding's petition and whether any payments made from the trusts were part of the debtor's estate.

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_____ involves unbundling the price paid and understanding the total cost of ownership over the life cycle of a product or service to deliver a target cost and a unit rate to determine if it is priced competitively in the marketplace

a. Cost management b. Procure-to-pay c. Supplier relationship management d. Category management e. Spend management

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