The three primary asset use transactions are incurring expenses, accruing liabilities, and paying dividends.
Answer the following statement true (T) or false (F)
False
This is false. Accruing liabilities increase expenses and liabilities; no assets are involved.
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________ is the marketing of goods and services that businesses and other organizations buy for purposes other than personal consumption
A) Business-to-business marketing B) Just in time (JIT) marketing C) Single sourcing D) Retailing E) Outsourcing
Rob is working on the promotional plan for a new bicycle helmet that has added technology to sense when a bicycler has fallen and had a head injury. The technology then releases an audible signal that will help others know that there is an injury which needs treatment. This is considered to be a new product that is in the introduction stage of the product life cycle. Which type of promotion should Rob focus on?
A) Reminder B) Competitive C) Comparative D) Pioneer E) Repetitive
Airlines overfill customers beyond their seating capacity in order to compensate for customers who cancel their booking. This technique is an illustration of which of the following yield management strategies?
a. overbooking b. adjusting prices to augment demand c. annualized hours strategy d. using different fare classes to partition demand
Companies use ______ systems to systematically plan and control their logistics and product distribution activities.
a. material resource planning (MRP) b. capacity requirements planning (CRP) c. distribution requirements planning (DRP) d. enterprise resource planning (ERP)