When Procter and Gamble introduces a new laundry detergent with a different brand name, it is an example of creating a:
A) family brand
B) cooperative brand
C) co-brand
D) flanker brand
D
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Accounts Receivable represents the amount of money that a business owes to its creditors as a result of purchasing "on account."
Indicate whether the statement is true or false
Coercing someone means to influence them ______.
A. to try something new B. against their will C. toward a common goal D. in a challenging situation
Businesses often write appreciation messages to which of these receivers?
A) A competing business that "steals" a large customer order B) Customers who write letters of inquiry C) Employees who have suffered a recent loss such as the death of a family pet D) Customers who complain
Joshua was a professional classical guitarist until a motorcycle accident left him disabled
After long months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish guitars. The guitars sell for $800, and the fixed monthly operating costs are as follows: Rent and utilities $600 Wages and benefits to luthier 2,300 Other expenses 479 Joshua's accountant told him about contribution margin ratios, and Joshua understood clearly that for every dollar of sales, $0.60 went to cover his fixed costs, and anything above that point was profit. How many guitars does Joshua need to sell each month to break even? (Round your answer up to the nearest whole guitar.) A) 5 guitars B) 3 guitars C) 7 guitars D) 8 guitars