For consumer durables and other industrial products with long purchase cycles, ________ purchase is the key event
A) reinforcement
B) bulk
C) trial
D) repeat purchase
C
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Exhibit 8-3 The J. Love Company uses a periodic inventory accounting system and values its inventory by using the lower of cost or market rule. The allowance method is used in applying the lower of cost or market rule. The company adjusts and closes its books annually on December 31. Below are the cost and market values of the company's year-end inventories for a three-year period: Date Cost
Market December 31, 2016 $70,000 $70,000 December 31, 2017 56,000 46,000 December 31, 2018 64,000 58,000 ? ? Refer to Exhibit 8-3. Which of the following journal entries would be correct as of December 31, 2018, to apply the lower of cost or market rule? A) Inventory 58,000Income Summary 58,000 B) Loss Due to Market Valuation 6,000Allowance to Reduce Inventoryto Market 6,000 C) Allowance to Reduce Inventory to Market 4,000Loss Recovery Due to Market Valuation 4,000 D) Cost of Goods Sold 6,000Allowance to Reduce Inventoryto Market 6,000
Analysts use the PEG ratio to assess share price relative to earnings and _________________________________________________________________
Fill in the blank(s) with correct word
Which step explains the following when experiencing a difficult passage: “Don’t define yourself as a failure when things go wrong, but remain optimistic and self-confident. Learn from your mistakes.”
A. step 1: learn resilience B. step 2: accept personal responsibility C. step 3: reflect D. step 4: seek Support
Which of the following of Likert’s four systems of management relates to managers involving groups in setting and measuring goals, information flows in all directions, and decisions making is done throughout the organization?
a. System 1 b. System 2 c. System 3 d. System 4