In 2010, the ten largest U.S. retailers earned average after-tax profits amounting to about _____ percent of sales
a. 1.1
b. 2.5
c. 3.5
d. 5.7
c
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Which of the following statements is true?
A) The average profiles for profitable high-share and profitable low-share businesses are almost identical. B) A low-share business with above-average customer value is more profitable than a high-share business with below-average customer value. C) A low-share niche business's prices are slightly above the average relative price index of 100. D) Profitable low-share niche businesses tend to have a wide product breadth. E) Profitable low-share niche businesses tend to spend more on advertising relative to the competition.
Briefly describe the purpose and characteristics of an effective thank-you note
A per se violation of Section 1 of the Sherman Act that occurs when a party at one level of distribution enters into an agreement with a party at another level to adhere to a price schedule that either sets or stabilizes prices is referred to as
________. A) group boycotts B) horizontal price fixing C) resale price maintenance D) nonprice vertical restraints
Fernando was thrilled to find out that his company had just decided to invest a great deal of money in the product he was managing. He knows that even with its recent high rate of growth and the fact that it dominates its market, he would need more money to establish it firmly. Using the BCG portfolio analysis, his product would be classified as a(n)
A. star. B. anchor. C. cash cow. D. dog. E. question mark.