Many companies are capitalizing on people being at the airports longer and not being able to carry many personal health and beauty aids. A vending machine selling cosmetics and perfume at an airport is a
A. timed leased agreement store.
B. store-within-a-store.
C. kiosk.
D. parasite store.
E. pop-up shop.
Answer: C
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Lana Appliances sells dishwashers with a four-year warranty. In 2018, sales revenue for dishwashers is $96,000. The company estimates warranty expense at 4.5% of revenues. What is the 2018 warranty expense? (Round your final answer to the nearest dollar.)
A) $4320 B) $1080 C) $0 D) $3388
A company issued rights to its existing shareholders to purchase for par unissued shares of common stock with a par value of $10 per share. When the market value of the common stock was $12 per share, the rights were exercised. Common Stock should be credited at $10 per share and
a. Paid-In Capital from Stock Rights credited at $2 per share. b. Additional Paid-In Capital credited at $2 per share. c. Retained Earnings credited at $2 per share. d. no credit made to Additional Paid-In Capital or Retained Earnings.
The prospect says, "Your price for this satellite system is 12 percent higher than your competitor's." The salesperson responds, "Are you saying that price is more important than quality?" The salesperson is using which technique for meeting objections?
A. Compensation B. Pass up C. Boomerang D. Rephrase E. Denial
Once an organization has developed its distribution objectives, it should next ________
A) identify the channel leader B) determine a distribution budget C) select the optimum number of channel levels D) define the target market and articulate the market segmentation strategy E) evaluate the internal and external environments