The owners of Old School Brand Authentic Antique Foods researched Civil War records to come up with recipes used in the old-fashioned cookies the company produces and markets. This statement deals with which part of the marketing mix?
A. process
B. people
C. price
D. product
E. place
Answer: D
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Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a cost of $1,257 for $2,200 to a customer on account with the terms 3/15, n/30. Weston paid $125 for delivery of the merchandise. Calculate the amount of net sales revenue. (Round any intermediary calculations and your final answer to the nearest dollar.)
A) $2,325 B) $2,200 C) $2,134 D) $1,257
Which of the following is most likely true with regard to people's views of organizations in contemporary America?
A) In the American workplace, there has been an overall increase in organizational loyalty. B) Most Americans are confident in their employers and are unlikely to switch jobs as frequently as in the past. C) The past two decades have seen a sharp decrease in confidence in and loyalty toward America's business organizations. D) Most U.S. workers view work as a source of personal satisfaction and organizational pride. E) In the last decade, corporate scandals and layoffs had little impact on people's confidence in U.S. firms.
Which of the following would be a breach of the implied warranty of merchantability?
a. A knife that cuts its user when slicing a bagel. b. A radio that does not pick up FM signals. c. A match that burns a spot in the carpet when accidentally dropped. d. A watch that does not keep accurate time after getting wet.
Generally speaking, a(n) ________ firm markets its existing products and services in other countries the same way it does in its home country.
A. multinational B. intranational C. meganational D. international E. transnational