Two major methods of computing area market potential are market build-up method and multiple factor-index method. Which of these methods will Nexus Enterprises, a manufacturer of auto parts implement to estimate its market potential?
What will be an ideal response?
Nexus Enterprise will implement market-build up method to estimate its area market potential as this method is primarily used by business marketers such as Nexus.
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A corporation generally keeps and reinvests a portion of its net income instead of distributing it to its stockholders
a. True b. False Indicate whether the statement is true or false
Which of the following inventory methods when used for income tax purposes must also be used for reporting purposes?
A) Specific identification B) LIFO C) FIFO D) Average-cost
________ is the total stream of purchases that a customer could contribute to the company over the life of the relationship.
A. A premium price B. Customer equity C. Profit D. Net worth E. Customer lifetime value
When a supplier's computer automatically processes an online order from a customer, schedules production activities for the order, and then sets up delivery of the finished product to the customer, what approach is being used?
A. just-in-time (JIT) delivery system B. electronic data interchange (EDI) C. contractual method D. fast-schedule method E. containerization technique