Which of the following is not considered to be a profitability ratio?
A) Profit margin
B) Times interest earned
C) Return on equity
D) Return on assets (investment)
B) Times interest earned
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________ is the effective physical movement of a product from the production line to the final consumer.
A. Merchandising B. Warehousing C. Distribution D. Depletion
Which of the following statements is true regarding the first-degree of price discrimination?
A) It is changing the price of a product due to inflation. B) It occurs when competitors charge different prices for similar products in the same market segment. C) It involves charging different prices to segments of the market according to their price elasticity or sensitivity. D) It refers to the strategy of charging a higher price for a product at the time of introduction and then gradually decreasing its price.
According to the book, what is the purpose of economic analyses?
A. To anticipate the rate at which companies will develop new competitive strategies. B. To assess the overall outlook for the economy and the impact of economic changes on the firm. C. To forecast exchange rates. D. To anticipate political developments within and across countries. E. To provide well-paying jobs for economics graduates.
The Diffusion-Adoption Model proposes five stages: awareness, interest, evaluation, trial, and adoption. This model is an example of a response hierarchy model
Indicate whether the statement is true or false