Which of these indirect costs is typically classified as a selling or administrative cost?

A) Secretarial support
B) Utilities
C) Insurance
D) Depreciation


A

Business

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In the ________, all elements of a market plan merge into a forecast of percent margins and marketing profitability

A) situation analysis B) performance review C) profit plan D) marketing performance plan E) adjusting marketing plan

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Which of the following is an impact of the Great Recession on retailing trends?

A) economic shift toward higher prices B) lower costs for retailers C) tighter consumer spending patterns D) longer retail life cycles E) prohibition on new retail forms

Business

______ is the time required for the line to produce one unit to achieve an output rate that allows a firm to meet its demand requirements.

A. Idle time B. Flow time C. Cycle time D. Setup time

Business

A consumer's behavior standards or beliefs, which can impact the decision-making process, are referred to as the consumer's ________.

Fill in the blank(s) with the appropriate word(s).

Business