Assets are the properties owned (resources) that are used to generate the revenues of the business operation
Indicate whether the statement is true or false
true
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Moonbeam Gift Shop's inventory turned over six times during the year. Similar gift shops have an inventory turnover equal to twelve times per year. What explains Moonbeam's state of inventory management?
a. Moonbeam sold too much inventory during the year. b. Moonbeam needs to increase sales and decrease the amount of inventory on hand. c. Moonbeam is performing twice as well as its competitors. d. Moonbeam should increase the amount of goods on hand to accommodate the additional inventory demand.
Relative advantage of an innovation refers to the degree to which ________
A) it matches the values and experiences of the individuals B) it is difficult to understand or use C) it can be tried on a limited basis D) it appears superior to existing products E) the benefits of use are observable or describable to others
Which of the following promotion categories is most likely to include the use of displays, discounts, coupons, and demonstrations?
A) sales promotion B) direct marketing C) horizontal diversification D) public relations E) advertising
Because social responsibility has proven to have a limited return on investment, the number of businesses opting to act socially responsible is declining.
Answer the following statement true (T) or false (F)