Regarding timing, a marketing plan
A. could cover as long a time period as several years.
B. is specific about time-related details.
C. could cover as short a time period as a few months.
D. All these answers are correct.
Answer: D
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Donnay Corporation established a petty cash fund in the amount of $300. Which of the following is the correct entry for Donnay to record this event?
A) Cash 300Petty Cash Fund 300 B) Petty Cash Fund 300Cash 300 C) Miscellaneous Expense 300Petty Cash Fund 300 D) None of these, as no entry is necessary to record an exchange of cash.
Which of the following statements is true about Hispanic Americans?
a. The majority of Hispanic Americans are of Puerto Rican descent. b. Women are the primary decision makers in Hispanic households. c. Hispanic population in the United States is steadily declining. d. Majority of Hispanic men shop for food items at traditional grocery stores.
Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $10) $160,000 Direct materials and direct labor$96,000 Overhead (20% variable) 16,000 Selling and administrative expenses (all fixed) 32,000 (144,000) Operating income $16,000 A foreign company (whose sales will not affect Benjamin's market) offers to buy 4,000 units at $7.50 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $600 and selling and administrative costs by $300. Assuming Benjamin has excess capacity and accepts the offer, its profits will:
A. Increase by $4,300. B. Decrease by $6,000. C. Increase by $30,000. D. Increase by $5,200. E. Increase by $6,000.
_____________involves high concern for satisfying your own needs and the needs of others.
a. Collaboration b. Competition c. Accommodation d. Avoidance