Stew Leonard, the owner of a highly successful regional supermarket chain, reacts adversely to losing a single customer sale

He feels that this amounts to losing the entire stream of future purchases that a customer is likely to make if he continues to live in the store's area. Stew Leonard's concern is an illustration of which of the following?
A) a sales orientation
B) a social responsibility orientation
C) utility
D) customer lifetime value
E) a production orientation


D

Business

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Which dimension of the Leader Behavior Description Questionnaire focuses on getting the job done?

a. controlling b. coordinating c. directing d. structuring

Business

An example of an external intellectual issue is:

A) The control of charges to the project. B) The screening of partially completed tasks. C) The identification of outstanding commitments. D) The determinants of requirements for audit trail data.

Business

As team leader you have called a meeting to determine your team name. You want a name that is easily recognizable. The team wants to develop a logo to brand the team. To help with motivation you have also suggested that the team develop a slogan. According to the case above, what will help your team be more identifiable?

What will be an ideal response?

Business

Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 26, it paid the full amount due. The amount of the cash paid on August 26 equals:

A. $8,250.00. B. $8,167.50. C. $9,750.00. D. $9,652.50. E. $8,152.50.

Business