Niche marketing is a form of concentrated targeting.
Answer the following statement true (T) or false (F)
True
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Houze Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate 7%Tax rate 30%Expected life of the project 4 Investment required in equipment$160,000 Salvage value of equipment$0 Working capital requirement$30,000 Annual sales$360,000 Annual cash operating expenses$290,000 One-time renovation expense in year 3$20,000 The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The total cash flow net of income taxes in year 3 is:
A. $47,000 B. $35,000 C. $50,000 D. $61,000
A salesperson for a security company walks into a prospect's office and says, "According to a recent FBI study, 10 percent of your employees have stolen something tangible from your company." The salesperson is most likely using the ________ approach.
A. testimonial B. scare-tactic C. shock D. proof statement E. curiosity
Meetings are one of the most _____________ methods of gathering or disseminating information
a. important b. efficient c. expensive d. reliable
List the five features of the legal environment of business
What will be an ideal response?