[The following information applies to the questions displayed below.] CompanyA B C DSales$80,000 $180,000 $120,000 $100,000 Cost of goods sold 48,000 135,000 72,000 60,000 Gross margin 32,000 45,000 48,000 40,000 Operating expenses 9,600 12,600 10,800 10,000 Net income$22,400 $32,400 $37,200 $30,000 Based on common-sized income statements, which of the companies spent the least on operating expenses in relationship to its sales?
A. Company A
B. Company B
C. Company C
D. Company D
Answer: B
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The trend showing popularity of ethnic or regional foods such as sushi, falafel, or pizza worldwide is referred to as the ________, which provides an opportunity for marketers to pursue one or more segments on a global scale
A) segmentation of markets B) popularity of segmentation C) promotion of products and services D) identification of consumers E) pluralization of consumption
Managers play the ______ role when they interact with people outside of their unit to gain information or favors.
a. disseminator b. negotiator c. figurehead d. liaison
Nike produces shoes out of "environmentally preferred materials," recycles old sneakers, and educates young people about conserving, reusing, and recycling. Nike is practicing ________
A) new clean technology B) product stewardship C) pollution prevention D) sustainability vision E) design for environment
Consider that a company’s aggregate demand for a product over a 5-month period is 30,000, and there are a total of 125 working days in that period. Under level production strategy, the company will produce ______ units per day.
A. 200 B. 250 C. 220 D. 240