In the sales and operations planning process, the options to influence demand adopt a ______ approach to match supply with demand.
a. reactive
b. proactive
c. passive
d. responsive
b. proactive
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Which of the following items is considered to be a cash equivalent?
A. A one-year certificate of deposit due in six months. B. A one-month Treasury bill due in two weeks. C. An investment in a U. S. bond due in two years. D. A promissory note due from a customer in 7 months.
Which of the following statements is true?
A. Everything else remaining unchanged, higher the future value of an investment, higher will be the present value. B. Everything else remaining unchanged, higher the rate of discount on an investment, higher will be the present value. C. ?The future value of an investment is unrelated to the principal amount invested. D. ??The future value of an investment is unrelated to the ongoing rate of interest.
Chen's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $175,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account information
for Chen's Department Store. Determine Chen's gross profit. a. $68,000 b. $72,000 c. $78,000 d. $85,000
Which of the following uses the attention-grabbing technique of asking a motivating question?
A) Did you know that over 65 percent of Americans are considered overweight? B) Would you like to drop 10 pounds in a month without visiting the gym? C) Are you aware that the majority of exercise programs don't generate results? D) Have you ever tried following a dieting plan? E) Have you ever started an exercise program?