Not taking cash discounts is costly, and as a result, firms that do not take them are usually those that are performing poorly and have inadequate cash balances.
Answer the following statement true (T) or false (F)
True
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When a retailer or distributor stocks up on a product at a discount while promotion is running and then sells the inventory at regular price, the process is called:
A) reverse buying. B) forward buying. C) seasonal buying. D) promotional buying.
Perception is a process in which an individual selects, organizes, and interprets information received through the sense organs.
Answer the following statement true (T) or false (F)
Ricardo suspects his supervisor Simone of unethical accounting practices. But Ricardo does not want to report Simone if she will find out who reported her and fire Ricardo. An important feature of online reporting systems like EthicsPoint is that an employee reporting unethical behavior
a. can do so anonymously. b. is financially compensated if he or she is fired as a result of a report. c. must fully identify themselves when making a report. d. must have additional employee support to make a report.
What is the probability a randomly selected patron is a female who prefers beer?