Mars Group is a market research firm that sells field interviewing services to a software development firm. Can Mars Group be categorized as a custom market research firm? Give reasons to support your answer

What will be an ideal response?


No, Mars group is a specialty-line marketing research firm as it sells field interviewing services, whereas a custom marketing research firm is hired to carry out specific projects.

Business

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Which internal control procedure is violated when the cashier at the checkout stand also records the daily receipts in the journal?

a. Segregation of duties b. Independent review and appraisal c. Independent verifications d. Proper authorizations

Business

Calculate the cost advantage index if the percentage cost of goods sold by the business is 40% and the average percentage cost of goods sold by its top three competitors are 50%, 60%, and 70%, respectively

A) 20 B) 40 C) 57 D) 67 E) 80

Business

SuLin is setting up a small construction shop and uses his personal credit card to purchase the company’s basic equipment. This process is referred to as which of the following:

a. venture capital b. credit c. external funding d. bootstrapping

Business

________ error is the sum of the forecast errors

Fill in the blank with correct word.

Business