Market _______ refers to the number of outlets in which a propduct is sold.
a. coverage
b. simplicity
c. action
d. inputs
e. numbering
a. coverage
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A retailer has to carefully determine the direct retailing costs associated with stocking a given item in computing _____
a. direct product profitability b. inventory turnover c. return of inventory investment d. gross profit per linear foot of shelf space
The problem-solving technique is often referred to as
a. adjustment. b. the scientific method. c. the four-step method. d. all of these choices.
Your auto insurance does not cover you when you are driving someone else's car without their permission
Indicate whether the statement is true or false.
Describe a successful entrepreneur’s typical reaction to failures, particularly small ones.
a. They have very few failures because they do everything to avoid them. b. They get out of the business as early as possible in order to cut their losses. c. They see failures as opportunities to build on what they learned or capture new opportunities. d. They try to make failures happen to increase the overall creative tension.