A business using the retail method of inventory costing determines that merchandise inventory at retail is $1,700,000. If the ratio of cost to retail price is 55%, what is the amount of inventory to be reported on the financial statements?
$1,700,000*55% = $935,000
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Which of the following is true regarding about mobile connectivity in the workplace?
A) Mobile connectivity increases decision making time as more research becomes available. B) Mobile connectivity allows for additional research to be conducted during meetings. C) Mobile communication limits quality customer service. D) Mobile communication decreases accuracy of crisis communication efforts. E) Mobile communication requires more engaging experiences for users.
If a client had a matter concerning a partnership agreement and the matter resulted in litigation being filed, which of the following is true?
A) State court would likely hear the matter. B) Federal court would likely hear the matter. C) There would always be concurrent jurisdiction between state and federal courts on the matter. D) In rem jurisdiction would be in federal court.
Montblanc uses classic design, a distinctive brand name, a focused distribution strategy to exclusive retailers, and celebrities in its advertising to position its watches as high-quality, high-status products. This is an example of a(n) ________ approach.
A. old generation marketing B. mobile marketing C. direct marketing D. mass media E. integrated marketing communications
Explain the basic management function of staffing.
What will be an ideal response?