When considering strategic groups within industries, Canadian retailer Holt Renfrew is described as

A. similar to Canadian Tire
B. a high growth industry with low fixed costs
C. a prestigious upscale player
D. a competitor of Walmart


Answer: C

Business

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The indirect costs of converting raw material into finished goods are called

a. period costs. b. prime costs. c. overhead costs. d. conversion costs.

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Which of the following is not an element in Munro-Fraser’s (1958) five-fold system for compiling person specifications:

a. impact on others b. acquired qualifications c. innate abilities d. personal circumstances

Business

Which sentence is punctuated correctly?

A) Many employees will be facing layoffs, in the meantime, some are seeking retraining through the company's strong educational incentive. B) Standardized tests are often used by schools to measure student success; however, they are often criticized as discriminating against minorities. C) Our Los Angeles office will be closing, therefore; employees must either retire, transfer to another branch, or accept a severance package.

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Web applications can be developed by professional programmers, technically oriented Web developers, or business professionals.

Answer the following statement true (T) or false (F)

Business