Which of the following statements about outlet centers is true?
A. Outlet centers are in remote locations, located some distance from department and specialty stores.
B. Outlet centers have the no-frills look of warehouse stores.
C. Outlet centers are not found outside of the United States.
D. Outlet centers sell only irregulars and overruns.
E. It is predicted that the number of outlet centers in the U.S. will double over the next decade.
Answer: A
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A) 36.99% B) 41.30% C) 58.70% D) 70.37%
Which of the following courses of action is best suited for a company in the event of the entry of
a new competitor to the market? A) re -estimating sales forecast B) repositioning its existing product C) arranging for a backup partner D) conducting competitive analysis
Sam wrote a check to Super National to pay for gas. Sam:
a. is primarily liable on the check. b. is secondarily liable on the check. c. has no liability on the check. d. has accommodation liability on the check.
Compounding is the process of increasing present value to future value
Indicate whether the statement is true or false