Which of the following is not a characteristic of a consumer market?
A. It consists of purchasers who intend to consume or benefit from the purchased products.
B. They do not buy products for the main purpose of making a profit.
C. They are sometimes referred to as B2C markets.
D. Their purchasing decisions are always made by only one individual.
E. They may buy the product, but not use it themselves.
Answer: D
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Indicate whether the statement is true or false
Last night while he was eating dinner, Tom got a phone call from a salesperson who wanted to know if he would be interested in subscribing to the local newspaper. The salesperson would best be described as a:
A. prospect. B. referral. C. endless chain prospect. D. telemarketer. E. center of influence.
An employee earned $4,600 in February working for an employer. Cumulative earnings of the previous pay periods are $4,800. The FICA tax rate for Social Security is 6.2% of the first $128,400 of earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount the employer should record as payroll taxes expense for the month of February?
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When a governmental action affects a person's life, liberty, or property, due process requires only a fair hearing
a. True b. False Indicate whether the statement is true or false