What is the merchandise assortment of an airport bookstore that sells only a few books but a large variety of magazines?
What will be an ideal response?
The airport bookstore has a narrow assortment, meaning that it offers only a few product lines. It has a shallow assortment of books and a deep assortment of magazines.
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________ is a simple, statistically based method of analyzing a subset of transactions from a larger pool
a. Structured sampling b. Probability sampling c. Cluster sampling d. Discovery sampling
The best definition of assets is the
A) cash owned by the company. B) resources belonging to a company having future benefit to the company. C) collection of resources belonging to the company and the claims on these resources. D) owner's investment in the business.
Walter worked nights as a clerk in a fast-food store. On his last work shift, Walter's boss told him, "I'm really grateful for the year that you have worked here. I am going to give you a bonus of $1,000 in your last paycheck." When Walter got his last paycheck, there was no bonus. If Walter sues, the likely result will be:
a. Walter will win, as the promise is enforceable. b. Walter will lose, as he gave no consideration. c. Walter will lose unless the promise was in writing. d. Walter will win, as no consideration is required to modify an employment contract.
Which of the following is true about the Paris Convention of 1883?
A) It allows an applicant from one member nation to apply for a trademark in another member nation even if the applicant does not own the mark in the applicant's home nation. B) It grants automatic patent protection in all member nations once a patent is granted in one member nation. C) It grants automatic trademark protection in all member nations once a trademark is granted in one member nation. D) The requirement to mark copyrighted works with a is eliminated. E) Both A and B are true.