Data that provide labels or names for categories of like items are known as
a. categorical data.
b. quantitative data.
c. label data.
d. category data.
a
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When you buy something one day and pay for it later, the repayment you make is denoted in terms of money. In this case, money is serving the role of a
A. medium of exchange. B. unit of account. C. store of value. D. standard of deferred payment.
The first step in planning a retail promotional strategy is _____
a. evaluating the success of past promotional strategies b. determining the promotional mix c. establishing an overall promotional budget d. determining promotional objectives
Major categories of inventory-related costs include ______.
A. cost of defective raw materials B. holding or carrying costs C. cost of government audits D. cost of holding the wrong products
Companies frequently use blogs for a variety of purposes. Describe blogs and discuss three ways a company could use blogs for professional purposes