A perceptual map that contains both brand spatial locations as well as consumer perceptions of their ideal brand is known as:

A) joint space.
B) multidimensional scaling.
C) biplots.
D) markov chain.


A

Business

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Temporary profits that result when absorption costing is used and production exceeds sales are referred to as _________________________

Fill in the blank(s) with correct word

Business

A nonprofit board of directors is establishing an endowment investment portfolio to earn enough income to match future costs. This is an example of applying the ______ concept.

A. total return B. least return C. minimum return D. equity minimum

Business

Flanders Bar and Grill orders cleaning supply kits using the EOQ model. The restaurant estimates that it uses 525 kits per year. The purchase price per kit is $12 with an estimated carrying cost rate of 15%. The cost to place an order from the kit supplier is $10. What is the annual carrying cost that the restaurant should expect?

a. $120 b. $137.48 c. $76.38 d. $68.74

Business

________ attempts to provide management with accurate forecasts of trends that relate to external changes in geographic areas where the firm is currently doing business or considering setting up operations.

A. Environmental scanning B. Functional scanning C. Operational scanning D. Tactical scanning

Business