Which of the following is a criterion used for selecting a target segment?
A. cost of reaching the segment
B. potential for increased profit
C. potential of a marketing action to reach a segment
D. difference of needs of buyers among segments
E. similarity of needs of potential buyers within a segment
Answer: A
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On January 1, 2017, Oldham Company sold goods to Windall Company in exchange for a 3-year, non-interest-bearing note with a face value of $30,000. If Oldham entered into a separate financing transaction with Windall, an appropriate interest rate would be 10%; therefore, the transaction price would be $22,540. Which of the following statements is true about the journal entry that records the
transaction when Oldham delivers the goods to Windall on January 1, 2017? A) Debit Note Receivable for $22,540 B) Credit Sales Revenue $22,540 C) Debit Discount on Note Receivable $7,460 D) Credit Interest Revenue $7,460
Answer the following statements true (T) or false (F)
1.The purpose of international dumping is to decrease a firm's costs and increase its profits, compared to what would be realized in the absence of dumping. 2.A firm granting lifetime employment to its workers has the incentive to engage in international dumping during periods of business recession and excess production capacity. 3.A firm suffering idle plant capacity would minimize losses by selling its product abroad at a lower price than at home, provided that the foreign price more than covers average variable cost. 4.Under U.S. antidumping law, an antidumping duty can be levied when the U.S. Commerce Department determines that a foreign product is being sold in the United States at less than fair value and the U.S. International Trade Commission determines that the dumped product is causing economic harm to domestic producers. 5.The margin of dumping equals the amount by which the foreign price is greater than the domestic price, or the amount by which the foreign price exceeds the cost of production.
Which of the following will usually be found on an income statement prepared using absorption costing? Contribution MarginGross MarginA)YesYesB)YesNoC)NoYesD)NoNo
A. Choice A B. Choice B C. Choice C D. Choice D
Jordan works for a company based in New York and will be meeting with managers from Japan next month to discuss a new business plan. Describe the concept of linguistic style and explain why it is beneficial for Jordan to learn about cross-cultural differences in linguistic styles before he communicates with the managers from abroad.
What will be an ideal response?