A ________ is the maximum sales available to all firms in an industry during a given period, under a given level of industry marketing effort and environmental conditions
A) company demand
B) market demand
C) company sales potential
D) sales quota
E) total market potential
E
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Using vertical analysis of the income statement, a company's net income as a percentage of net sales is 15%; therefore, the cost of goods sold as a percentage of sales must be 85%
Indicate whether the statement is true or false
The liability of manufacturers and sellers of goods for a defective product or for its failure to perform adequately may be based on one or more of the following: negligence, misrepresentation, violation of a statutory duty, warranty, and strict liability in tort
a. True b. False Indicate whether the statement is true or false
Deflation refers to a period of falling average prices across an economy, which is a sign of economic trouble that goes hand-in-hand with very high unemployment.
Answer the following statement true (T) or false (F)
The process of helping employees cope with modifications in the workplace is called _____
Fill in the blank(s) with correct word