A car company sent three automobile magazines some technical information and explanations about the features of its innovative new model. One of the magazines later printed a story about the car. This is an example of
A. advertising.
B. sales promotion.
C. personal selling.
D. publicity.
E. None of these answers is correct.
Answer: D
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Rarke Company must choose between two alternate transactions. Transaction 1 requires a $20,000 nondeductible cash outlay, while transaction 2 requires a $25,000 deductible cash outlay. Determine the marginal tax rate at which the after-tax costs of the two transactions are equal.
A. 25% B. 20% C. 15% D. 30%
When a contract appears to call for the furnishing of both goods and services, the common law automatically applies to the transaction.
Answer the following statement true (T) or false (F)
When setting prices, a leading manufacturer of nutritional supplements decided to institute a pricing strategy that would support a five percent increase in sales over the next three years. What type of pricing objective has the company set?
A) profit B) sales C) competitive effect D) cost-plus E) value
Cost-volume-profit analysis cannot be used to estimate a targeted profit for service businesses
Indicate whether the statement is true or false