In jobs where women and minorities are underrepresented in the workforce relative to their availability in the labor force, employers must establish goals and timetables for hiring and promotion.

Answer the following statement true (T) or false (F)


True

Business

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Calculate the net marketing contribution of a product if the market demand for the product is 4 million units annually, and the product captures 10 percent of this demand with a price of $50 per unit and a cost of $40 per unit

The total of marketing and sales expenses is $2.5 million. A) $3 million B) $2.5 million C) $2 million D) $1.5 million E) $1 million

Business

Identify the correct statement about a sole proprietorship.

A. The owner shares responsibility with the agents and employees. B. Employees of the business are not the personal employees of the owner. C. It may be operated under an assumed or trade name. D. The salaries paid to the employees are not deductible in determining taxable income.

Business

In the ________ approach of direct marketing, a medium is used directly to obtain an order.

A. one-step B. indirect C. one-to-many D. three E. two-step

Business

During concept testing, a product is evaluated by management without any input from external sources

Indicate whether the statement is true or false

Business