The only goal of determining prices is to maximize profit for the firm

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: Marketers price their products with various objectives in mind. For example, some marketers price their products in order to increase market share.

Business

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Roger was talking to a coworker in a meeting, and he wasn't listening when his supervisor announced work assignments. This situation is an example of what type of barrier to communication?

A. medium barrier B. receiver barrier C. feedback barrier D. decoding barrier E. encoding barrier

Business

Answer the following statements true (T) or false (F)

1. The specific purpose of your speech should be a 2–3-sentence statement. 2. If your specific purpose and thesis are clearly formulated, it will be easy for you to identify your speech’s main points. 3. One factor that influences your credibility is the quality and relevance of your supporting materials. 4. You should indicate in your outline where you plan to use visual aids.

Business

Holmstrom Corporation has provided the following data concerning last month's operations.   Direct materials$14,000Direct labor cost$58,000Manufacturing overhead applied to Work in Process$79,000  BeginningEndingWork in process inventory$47,000 $53,000 Finished goods inventory$41,000 $42,000  How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?

A. $145,000 B. $186,000 C. $144,000 D. $138,000

Business

When writing a cover letter using the AIDA plan, what type of information should be included in the interest/desire section?

A) What interests you most about the position B) How much you want to work for the organization C) Skills and abilities that support the goals of the company D) A request for an interview E) What job you are applying for

Business