Which of the following types of property would be considered "goods" under the Uniform Commercial Code?
A) a promissory note
B) a stock
C) a patent
D) a computer
D
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All of the following represent issues that need to be considered in sales management EXCEPT
A. What will the business do with the information collected about customers? B. What image will the sales force represent? C. What would be the cost of the final product that is sold to the customers? D. How much information will be collected on each customer?
Floyd's Barbershop has fixed costs of $3,000 per month. Floyd currently breaks-even when it performs 400 haircuts a month. Floyd charges customers $10 per cut. What is Floyd's variable cost per cut?
A) $2.50 B) $7.50 C) $17.50 D) $1.33
An operating agreement is adopted by members of a limited liability company
a. True b. False Indicate whether the statement is true or false
A plant manager wants to know how much he should be willing to pay for perfect market research. Currently there are two states of nature facing his decision to expand or do nothing
Under favorable market conditions the manager would make $100,000 for the large plant and $5,000 for the small plant. Under unfavorable market conditions the large plant would lose $50,000 and the small plant would make $0. If the two states of nature are equally likely, how much should he pay for perfect information? A) $0 B) $25,000 C) $50,000 D) $100,000 E) $145,000