An organizational unit whose manager is solely responsible for generating revenues is referred to as a ______________________________
Fill in the blank(s) with correct word
revenue center
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________ may be defined as the process of enhancing marketplace competitiveness through a greater understanding of a firm's competitors and the competitive environment
A) Market intelligence B) Competitive intelligence C) A marketing information system D) A decision support system
Leonardo's accountant told him about contribution margin ratios, and Leonardo understood clearly that for every dollar of sales, $0.60 went to cover his fixed costs, and anything above that point was profit. What is the amount of revenue Leonardo should earn each month to break even? (Round your answer to the nearest dollar.)
Leonardo was a professional classical guitarist until a motorcycle accident left him disabled. After long
months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish
guitars. The guitars sell for $700, and the fixed monthly operating costs are as follows:
A) $8430
B) $5620
C) $4833
D) $4287
Use words that do not unnecessarily distinguish between __________________
a. time and space b. male and female c. races d. socio-economic status
James is highly influenced by his work environment. He will most likely ________.
A. avoid vacationing at the same places as his coworkers B. make different purchase decisions from his coworkers C. shop in locations that are not preferred by his coworkers D. go for a vacation at the same places as his coworkers E. wear clothes that set him apart from his coworkers