Which of the following is true about market nichers?
A) They are market followers in small markets.
B) They tend to have high manufacturing costs.
C) Their return on investment exceeds that in larger markets.
D) A nicher achieves high volume as against a mass marketer that achieves high margin.
E) They usually experience long-term losses.
C
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When dealing with disappointing information, it is best to be blunt
Indicate whether the statement is true or false.
If a retailer's gross margin is tracking below plan, which of these options would increase their gross margin?
A. Increase markdowns B. Negotiate better prices with vendors to decrease cost of goods sold C. Increase payroll D. Decrease utilities E. Defer paying taxes
Which of the following represents the proper order of financial statement preparation?
a. Statement of cash flows, balance sheet, income statement, statement of retained earnings b. Statement of retained earnings, income statement, statement of cash flows, balance sheet c. Balance sheet, statement of cash flows, statement of retained earnings, income statement d. Income statement, statement of retained earnings, balance sheet, statement of cash flows
Given the following code, what is the value of cell B3?
Public Function Interest(Principal As Single, Rate As Single)
If Rate >= 0.5 Then
Interest = Rate*Principal/10
Else
Interest = Rate*Principal*5
End If
End Function
a) $100
b) $75
c) $5
d) $0.5
e) $25