In the context of business products, _____ consist of small-ticket items that businesses consume on an ongoing basis but do not become part of the final product.
A. maintenance products
B. processed materials
C. unsought products
D. accessory equipment
Answer: A
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To reduce the cost of collecting its accounts receivable, a company sells its accounts receivable to a financial organization. The service is called:
a. collection agency advance b. lock-boxing c. Factoring d. Funding
A wide variety of types of intermediaries exist, and they usually fall within two principal categories: merchant intermediaries and agent intermediaries.
Answer the following statement true (T) or false (F)
Concerned that the Chapter 11 bankruptcy procedures were harming the creditors of small businesses, Congress added some provisions in 2005 to change the process for businesses with less than $2 million in debt. Which of these provisions was included in that revision?
a. Small businesses have only 21 days to file a reorganization plan. b. Small businesses do not have to declare debts of less than $5,000. c. The courts have only 45 days to confirm or reject the plan or reorganization. d. All creditors of small businesses are treated as equals and proceeds are distributed proportionately to secured and unsecured creditors.
Marketing analytics has three dimensions. Which of the following is not such a dimension?
a. Descriptive analytics b. Campaign analytics c. Predictive analytics d. Prescriptive analytics