The ________ concept states that the average unit cost of a service or good can be reduced by increasing its output rate

Fill in the blanks with correct word


economies of scale

Business

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If you were an upper-level marketing executive of a large seller of trucks, which of the following strategies would be most appropriate in reaching buying center targets?

A) Concentrate on key buying influencers. B) Use multilevel in-depth selling. C) Use trade-based promotions. D) Concentrate sales efforts on the support staff. E) Move all operations to the Internet.

Business

Home Gallery, Inc. had beginning retained earnings of $125,000 on January 1, 2019. During the year, Home Gallery declared and paid $40,000 of cash dividends and earned $55,000 of net income. Prepare a statement of retained earnings for Home Gallery, Inc. for the year ending December 31, 2019.

What will be an ideal response?

Business

Why are ad expenditures high for products in the introduction stage of the PLC?

What will be an ideal response?

Business

Answer the following statement(s) true (T) or false (F)

1. Changes in the discount rate serve as an indication about how the Fed feels about the economy. 2. The discount rate is the interest rate that banks charge its best customers. 3. Automatic teller machines are an example of the EFT system. 4. ACH systems allow employers to make electronic payroll account withdrawals from a bank and transfer them directly to employee accounts. 5. Point-of-sale (POS) systems are essentially very fast credit cards.

Business