Ethics and customs are part of society's informal rules
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following pairs of variables are least likely to be useful in drawing a strategic group map?
A. level of profitability and size of market share B. price/perceived quality and image range and the extent of buyer appeal C. product quality and product-line breadth D. brand name reputation and distribution channel emphasis E. geographic market scope and degree of vertical integration
Advertising and persuasion are different in what way?
A) Advertising gives something to the reader. B) Persuasion admits failure and apologizes. C) Persuasion is more personalized. D) Advertising includes pricing information; persuasion does not.
When preparing the budgeted balance sheet of a merchandising company, the amount of Merchandise Inventory can be obtained from the ________
A) merchandise inventory account B) inventory, purchases, and cost of goods sold budget C) production budget D) capital expenditure budget and cash budget
Ryan Company purchased 80% of Chase Company for $270,000 when Chase's book value was $300,000. Ryan paid no premium. Chase has 50,000 shares outstanding and currently has a book value of $400,000.Assume Chase reacquired 8,000 shares of its common stock from outsiders at $10 per share.What is Ryan's percent ownership in Chase after the acquisition of the treasury shares (rounded)?
A. 69%. B. 80%. C. 64%. D. 95%. E. 76%.