The value or worth of a product that attracts the buyer to exchange money or something of value for the good or service is its:
A. markup.
B. gross profit.
C. net profit.
D. contribution margin.
E. price.
Answer: E
You might also like to view...
Which of the following best describes organizations that buy products from a variety of vendors, assemble them in packages, and resell the packages to specialized segments?
A) an original equipment manufacturer B) a manufacturing agent C) a value-added reseller D) a broker
Which type of trust occurs when people put their faith in others based on feelings and emotions?
A. disposition-based B. perception-based C. cognition-based D. affect-based
In which of the following cases is the felony murder rule applied?
A. when the felon in the case was killed while the crime transpired B. when the murder was committed without intent while committing another crime C. when the reason for the death is found to be involuntary manslaughter D. when the crime involves the intended murder of another person
Patrick just completed the performance appraisals of three new statisticians. On the company’s 4-point grading scale, the average score for the three statisticians was 3.0. The average of all statisticians in the organization was 3.5. The new recruits’ __________ was 14 percent below average.
A. new hire performance B. time required to hire C. cost per hire D. new hire turnover E. None of the above