Warby Parker, a manufacturer of fashionable prescription eyewear, notes on its website, "Warby Parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." This excerpt from the company's website states Warby Parker's

A. code of ethics.
B. business plan.
C. vision statement.
D. expense report.
E. marketing plan.


C. vision statement.

The goal should be followed by an action plan, which defines the course of action needed to achieve the stated goal, such as a marketing plan or sales plan.

Business

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If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a

A) sales invoice B) purchase invoice C) credit memo D) debit memo

Business

There is a close relationship between increased sales volume and spending more time in face-to-face selling situations

Indicate whether the statement is true or false

Business

In asking consumers what career its famous Barbie doll should pursue next, toymaker Mattel was using ________

A) crowdsourcing B) crowdstorming C) crowdfunding D) crowdmarketing

Business

The landlord uses the following scheme for decision variables:

x1 = contractor works on wood floors x2 = landlord works on wood floors x3 = contractor works on kitchen tile x4 = contractor works on kitchen tile x5 = contractor works on back door x6 = contractor works on back door x7 = contractor works on garage door x8 = contractor works on garage door What should the objective function be? A) Min Z = 2700x1 + 400x2 + 2500x3 + 1000x4 + 600x5 + 250x6 + 350x7 + 400x8 B) Min Z = 2700x1 - 400x2 + 2500x3 - 1000x4 + 600x5 - 250x6 + 350x7 - 400x8 C) Max Z = 100x1 + 100x2 + 80x3 + 80x4 + 15x5 + 15x6 + 20x7 + 20x8 D) Max Z = 100x1 - 100x2 + 80x3 - 80x4 + 15x5 - 15x6 + 20x7 - 20x8

Business