A(n) ________ is the smallest unit available for inventory control.
A. merchandise group
B. classification
C. assortment
D. stock-keeping unit
E. category
Answer: D
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A focus group would most likely be used in the ________ stage of new product development
A) idea screening B) concept development C) test marketing D) commercialization E) business analysis
If a company's rate of return on common stockholders' equity is greater than its rate of return on total assets, the company is effectively using leverage
Indicate whether the statement is true or false
Frida hires Gert, a real estate broker, to act as her agent to sell her house. The house burns down before being sold. The agency agreement is likely
A. still in force if Frida gives Gert additional consideration. B. still in force if Gert does not tell prospective customers. C. terminated by mutual consent of the parties. D. terminated by operation of law.
Which of the following financial goals is most useful for developing a financial plan?
A. Make a $12,000 down payment on an automobile in 4 years. B. Retire with a comfortable lifestyle in 25 years. C. Buy a $125,000 house. D. Purchase a $40,000 boat. E. Join the county club on retirement in 20 years.