If LG decides to make changes in its marketing channels, the strategic significance is that channel decisions are
A. long-term commitments.
B. short-term commitments.
C. easier to change than prices.
D. easier to change than promotion.
E. impossible to change.
Answer: A
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The budgeted finished goods inventory and cost of goods sold for a manufacturing company for the year 2010 are as follows: January 1 finished goods, $765,000; December 31 finished goods, $540,000; cost of goods sold for the year, $2,560,000. The budgeted costs of goods manufactured for the year is?
A) $1,255,000 B) $2,335,000 C) $2,785,000 D) $3100,000
Lyle offers to sell his house to Dennis for $95,000 . Dennis responds, "I will pay you $95,000 for the house if you first paint the second floor." This response could best be described as:
a. an acceptance. b. a counteroffer. c. a rejection. d. an invitation.
Individuals and business organizations that purchase products for the purpose of making a profit either by using the products to produce other products or by using them in their operations are classified as ____ markets.
A. consumer B. institutional C. producer D. government E. reseller
The symbol used for the variance of the population is
A. ?. B. ?2. C. s. D. s2.