Help the Children organization is selling necklaces as a fund-raising initiative. Which variable of the marketing mix is Help the Children applying?

A. price
B. place
C. product
D. production


C. product

Business

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For the following situation, state whether it represents a strength or weakness in internal control and give the reason for your answer. Baker Auto Supply purchases merchandise inventory from A & B Company. The accountant places the order, verifies receipt of the merchandise, and records the transaction in the general journal.

What will be an ideal response?

Business

At the new toy store that opened near his home, Ryan noticed all the products were priced at $.49, $.79, or $.99 endings. What type of pricing is the store following?

A. Odd pricing B. Mixed pricing C. Horizontal pricing D. Promotional pricing E. Unit pricing

Business

A diagram that shows the relationships between departments and divisions, and the managers that are responsible for each section is called a(n) ________.

A) departmentalization chart B) work specialization chart C) organizational chart D) chain of command chart

Business

Rule-of-thumb measures are the best standards of comparison in financial performance evaluation

Indicate whether the statement is true or false

Business