Which of the following actions does NOT constitute an ‘offer'?
A) A homeowner advertises his house for sale with an asking price of $450,000
B) A customer selects a grocery item from a shelf and presents her credit card to the cashier as payment for it
C) A person places an ad on Kijiji to sell a motorcycle for $3,800
D) A storeowner displays cheese for sale with a price tag of $4 per package
E) All of the above are valid offers
C
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According to Porter, segmentation is the generic strategy used in access-based positioning
Indicate whether the statement is true or false
Assume that a factory seeks to allocate rent to several departments that occupy the factory. The factory is occupied by all the departments. Which of the following is the most logical cost driver for allocating the factory rent?
A. Machine hours B. Number of employees C. Number of labor hours in each department D. Square footage occupied by each department
The Gift Shoppe's inventory turned over five times during the year. Similar gift shops have an inventory turnover equal to ten times per year. What explains the Gift Shoppe's inventory management?
A) The Gift Shoppe sold too much inventory during the year. B) The Gift Shoppe needs to increase sales and decrease the amount of goods on hand. C) The Gift Shoppe is performing twice as well as it competitors. D) The Gift Shoppe should increase the amount of goods on hand to accommodate the additional inventory demand.
Harry decided he was tired of being a poor college student when he visited a local electronics store and experienced its finest home theatre system
He determined that he would invest today a portion of the remaining money he earned last summer cleaning animal cages at the veterinary clinic. He plans to invest the money into an international mutual fund for 3.5 years and expects to earn an average annual rate of return of 15%. If Harry wants to have $4,000 in the account at the end of this time, how much must he invest today? A) $1,253 B) $2,048 C) $2,453 D) $2,591