In an organization, the single independent businesses which formulate their own competitive strategies are known as ________.
A. strategic growth units
B. strategic business units
C. focus units
D. service units
Answer: B
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. Park uses a perpetual inventory system. When will the cost of
merchandise sold be recorded as an expense? a. The date the merchandise was purchased b. The date the merchandise is sold c. The end of the accounting period d. Cannot be determined without further information
Ling’s organization is in a very competitive industry and getting goods to market quickly is vital to the organization’s survival. For Ling, adopting a(n) ______ organizational philosophy on compensation might be a good idea.
A. at-the-market B. below-the-market C. pay-for-longevity D. pay-for-performance
A small appliance retailer has in-store cooking demonstrations, offers free samples, and lets consumers try out selected new appliances in an environment that resembles a small kitchen. This retailer _____
a. employs functional product groupings b. has a theme-setting display c. practices experiential merchandising d. utilizes the model stock approach
A ________ strategy determines what businesses a company is in or wants to be in, and what it wants to do with those businesses.
A. competitive B. functional C. focus D. corporate