Sole proprietorships, S-type corporations, and LLCs are similar in that they
A) can sell stock on a limited basis
B) limited liability
C) are taxed at personal tax rates
D) they are not similar at all
C
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Which of the following is an example of the exchange marketing function?
A) Rachel collects customer data in order to identify the most profitable customer relationships. B) Ziv arranges financing terms for his company's business customers. C) Kelly supervises the processing and packaging of products before they leave her company's factory. D) Gus sets the price points for various items in his company's product line. E) Allison delivers her company's products to its customers.
Advertising, direct marketing, personal selling, and public relations are all tools within the ________ element of the marketing mix
A) product B) promotion C) publicity D) people E) process
Which of the following is/are not true regarding a merchandising firm?
a. Inventory appears on the merchandiser's balance sheet initially as an asset. b. Inventory for a merchandiser is measured at acquisition cost. c. When a sale takes place, the merchandising firm recognizes the cost of the inventory as an expense (cost of goods sold) on the income statement. d. When a sale takes place, the merchandising firm recognizes the inventory reduction on the statement of cash flows. e. All of the above are false regarding a merchandising firm.
A manufacturer buys peas for vegetable pies from two cooperatives. The price per unit is $6 from cooperative A and $5.50 per unit from cooperative B. The manufacturer needs at least 12,000 units of peas
Cooperative A can supply up to 8000 units, and cooperative B can supply at least 6000 units. Develop constraints for these conditions. What will be an ideal response?