A supercenter
A. probably would not affect nearby supermarkets.
B. tries to provide all of a customer's routine needs at a low price.
C. is a large department store that uses supermarket methods.
D. is just another name for a mass-merchandiser.
E. None of these answers is true.
Answer: B
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Monetary-unit sampling is said to eliminate the need to stratify the sample because:
A. the risk of incorrect acceptance is inversely related to sample size. B. the upper limit on misstatements can be computed based on statistical principles. C. tolerable misstatement is considered when determining sample size. D. sample items are selected in proportion to their dollar amount.
Advertising is categorized as limited protected speech.
Answer the following statement true (T) or false (F)
Compute the present value of $46,000, invested for six years at 8%
Present value of $1: 5% 6% 7% 8% 9% 3 0.864 0.840 0.816 0.794 0.772 4 0.823 0.792 0.763 0.735 0.708 5 0.784 0.747 0.713 0.681 0.650 6 0.746 0.705 0.666 0.630 0.596 7 0.711 0.665 0.623 0.583 0.547 A) $36,647 B) $25,300 C) $32,660 D) $28,980
A marketing plan is more likely to be funded if the marketing manager has included financial measures as quantitative criteria when screening possible opportunities.
Answer the following statement true (T) or false (F)