On April 1, Griffith Publishing Company received $1,548 from Santa Fe, Inc. for 36-month subscriptions to several different magazines. The subscriptions started immediately. What is the amount of revenue that should be recorded by Griffith Publishing Company for the first year of the subscription assuming the company uses a calendar-year reporting period?
A. $129.
B. $0.
C. $387.
D. $516.
E. $430.
Answer: C
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Which of the following statements is true of customer loyalty?
A. It refers to customers making repeat visits to a retailer and being satisfied with their experiences. B. It occurs when customers purchase merchandise and services from a retailer because of its convenient location. C. It is the sole result of superior customer service. D. It is an emotional connection between a retailer and a customer. E. It is the state of accumulated transactions that customers build through repeat purchases responding to various promotions.
The threat of falsified identity is less of a concern in the case of:
a. virtual private networks. b. traditional EDI settings. c. e-business. d. unsecured online transactions.
Answer the following statements true (T) or false (F)
1. Common-information bias is the inclination to overemphasize information held by the majority of group members while failing to consider other perspectives held by the minority. 2. Confirmation bias is the propensity to over-rely on information recollected from memory when making a decision. 3. Innovation is the generation of meaningful ideas by individuals or teams and creativity is the creation and development of a new product or service. 4. As stated in the textbook, creativity and innovation are the lifeblood of successful organizations.
Demographic changes have contributed to a decline in the use of door-to-door sales in the United States
Indicate whether the statement is true or false