Which retail assortment strategy is utilized by a convenience store?
a. wide and deep
b. deep and shallow
c. narrow and shallow
d. narrow and deep
c
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Explain the relevance of experience curves in formulating pricing strategy.
What will be an ideal response?
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Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$80,000 $72,000 Inventory 84,000 70,000 Net sales 400,000 372,000 Cost of goods sold 254,000 216,000 Total assets 850,000 810,000 Total stockholders' equity 500,000 450,000 Net income 75,000 56,000 TPX Company's 2021 asset turnover is: (Round your answer to 1 decimal place.)
A. 3.7 times. B. 0.5 times. C. 2.8 times. D. 2.2 times.
All efficiency-producing changes result in dissatisfying work, and all changes that promote satisfaction create inevitable inefficiencies.
Answer the following statement true (T) or false (F)