An alternate way to increase sales volume is to increase the usage rate among users. This can be done by ________
A) converting nonusers
B) having consumers use less of the product on each occasion
C) having consumers use the product on more occasions
D) attracting competitors' customers
E) entering new market segments
C
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Answer the following statements true (T) or false (F)
1. Social innovations occur at the edges of the private, social and public sectors of the economy and are not considered a part of the fourth sector. 2. Microfinancing is considered a newer form of social impact investing. 3. Socially responsible investing (SRI) is another term used interchangeably with social impact investing. 4. Philanthrocapitalism draws upon modern business practices, that is, the philosophy of capitalist style objectives and criteria with an entrepreneurial spirit to get more from non-profit or social organizations. 5. Social issues can be prioritized into three types: generic, value chain, and sustainability agenda.
For what reason might retailers like Target select an accounting period that ends on or near the end of January?
a. The company originally started business operations on that date. b. Business activity has reached a slow period that is suited to the preparation of its financial statements at the end of the year. c. The company's CPAs are attempting to spread out the workload. d. The Internal Revenue Service requires merchandise companies to select such a date for their fiscal year.
McCoy Brothers manufactures and sells two products, A and Z in the ratio of 5:2. Product A sells for $75; Z sells for $95. Variable costs for product A are $35; for Z $40. Fixed costs are $418,500. Compute the number of units of Product A McCoy must sell to break even.
A. 10,463. B. 1,350. C. 6,200. D. 2,700. E. 6,750.
In the United States, the issue of financial reporting standards for small and medium-sized entities (SME) has been debated for many years. These debates did not result in separate standards for SME
Indicate whether the statement is true or false