Which of the following perception processes is the immediate, direct response to the taste, smell, touch, and hearing of stimuli?
A. sensation
B. disintegration
C. assimilation
D. selection
E. interpretation
Answer: A
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A marketer's fixed costs are $400,000, the variable cost is $16 per unit, and the price of the product is $24 per unit. What is the company's break-even point in dollar sales?
What will be an ideal response?
A regional manager for a chain of auto parts stores visits one of the stores in the chain. He looks in the store's warehouse and finds about 100 cases of motor oil that have been sitting in the warehouse for over one year. Upon inspection, he finds that in each case, one of the twelve cans of oil has leaked, thus soaking through the box and making the case unfit for sale. The regional manager instructs the store manager to unpack all the cases, discard the leaking cans, clean up the remaining cans, and contact the oil company for new boxes. He tells the store manager to repackage the remaining cans in the new boxes and to sell the cases to customers at the retailer's cost with no added markup. He explains to the store manager that moving this inventory will not result in immediate profit,
but that it will benefit the store by improving the A. markup rate. B. stockturn rate. C. markup. D. markup percentage. E. break-even point.
The FCPA prohibits U.S. firms from paying bribes to: A) foreign competitors
B) purchasing agents of foreign firms with whom U.S. firms do business. C) foreign government officials. D) the clerk in a telephone office in Paris who is trying to place an overseas call for you. E)two of the above.
The value of a stock is a function of
A) future returns. B) historic dividend growth rate. C) most recent earnings per share. D) past returns.