A buying situation in which a business customer signals its satisfaction by agreeing to purchase the same product at the same price is called a
A. repeat buy.
B. straight rebuy.
C. new buy.
D. modified rebuy.
E. quick buy.
Answer: B
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In which of the following cases does the conversion of an existing business to an LLC (limited liability company) take effect?
A) when the articles of organization are filed with the secretary of state B) when the members enter into an agreement of conversion C) when an operating agreement is finalized by the members D) when the first certificate of interest is issued
Lean operations ______.
a. include just-in-time (JIT) practices b. is a philosophy of radical improvement c. benefit all employees in an organization d. are easy to implement in a global supply chain
InTown Delivery Service promises to deliver a certain couch to Kurt, who promises to pay for the service. If InTown does not perform, it may be required to A) do nothing
B) make another promise. C) pay money damages. D) perform a different service.
Wuensch Inc., an escrow agent, has provided the following data concerning its office expenses: Escrows Completed Office ExpensesApril53 $7,427May94 $9,201June37 $6,769July87 $8,902August40 $6,875September38 $6,797October82 $8,681November35 $6,678December62 $7,836 Management believes that office expense is a mixed cost that depends on the number of escrows completed. Note: Real estate purchases usually involve the services of an escrow agent that holds funds and prepares documents to complete the transaction. Using the high-low method, the estimate of the variable component of office expense per escrow completed is closest to:
A. $88.22 B. $42.76 C. $131.00 D. $45.44