Buying behavior refers to the decision processes and actions of people involved in buying and using products.
Answer the following statement true (T) or false (F)
True
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You are reading a business document that outlines your company's long-term goals and direction. These goals include "Reduce energy consumption in our offices by 20%," "Grow out market share in China from 3% to 10%," "Enter a strategic alliance with a partner in Australia to begin selling our products in Sydney and Brisbane," and "Equip all sales representatives with an app that allows them to provide an immediate quote when meeting with customers." What type of document are you reading?
A. a values statement B. a business plan C. a SMART goal D. a vision statement E. a strategic plan
Which of the following jobs are least likely to be taken over by automation?
A. knowledge-work jobs that require creativity and problem solving B. bookkeeping jobs C. clerical jobs D. assembly-line jobs E. jobs that require unskilled labor
Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's balance sheet for several years. The total stockholders' equity at the end of this year was $1,023,000 and at the beginning of the year was $1,010,000. Net income for the year was $17,500. Dividends on common stock during the year totaled $4,500. The market price of common stock at the end of the year was $3.76 per share.The company's dividend payout ratio is closest to:
A. 1.7% B. 17.1% C. 26.3% D. 1.3%
Economic order quantity (EOQ) is compatible with just-in-time systems
Indicate whether the statement is true or false