Concerning the influence that transportation costs have on the location of industry, which of the following industries is likely to have the greatest profit gain by locating the production facilities close to resource supplies?
a. autos
b. steel
c. soft drinks
d. valuable electronics goods
b. steel
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Billie Jean's Bridals has total assets of $350,000, current assets of $74,000, total liabilities of $280,000, accounts receivable of $12,000, net sales of $64,000, and net profit after taxes of $23,000. Calculate the retailer's net profit percentage.
A. 31.1 percent B. 18.75 percent C. 20 percent D. 35.9 percent E. 25 percent
Once a customer has selected a product to purchase, which of the following would LEAST likely change the customer's purchasing intentions?
A. Perceived risk of buying the product B. Uncontrollable factors such as inadequate financing C. Unnoticed, beneficial attributes of the product being purchased D. Salesperson's actions after the decision has been reached E. Attitudes of others
Which of the following is an example of ethical behavior of the management of a corporation?
A. Executives of the corporation pursue their own personal interests when making important business decisions. B. Payment of bribe by the management of the corporation to foreign governments to obtain business. C. The management of the corporation uses confidential information for personal gain. D. The management actions are often resulting in large gains for themselves and large losses for stockholders. E. The management takes steps to adhere to laws and regulations relating to product safety.
Which generation was born in the middle of the Great Depression?
A. Generation X B. The baby-boom generation C. Generation Y D. The silent generation