Principle 8, Risk and Return go hand in hand, tells us that you ________ as the length of the investment horizon ________
A) can afford to take on additional risk; increases
B) can afford to take on additional risk; decreases
C) cannot afford not to take on additional risk; shortens
D) cannot afford to take on additional risk; increases
Answer: A
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Answer the following statements true (T) or false (F)
1. In Deming's PDCA cycle, "A" stands for "act," which means to implement the change or make a small scale test. 2. The two core principles of TQM are people orientation and improvement orientation. 3. TQM assumes that, if given empowerment, employees will focus on strategic goal setting. 4. TQM assumes that it's better to make small improvement all the time.
Which of the following is true of optional-product pricing?
A) It involves capitalizing on low value by-products. B) It involves pricing products that can be added to the base product. C) It is used to price a company's main product. D) It involves setting geographically-specific prices. E) It is used to price products that must be used with the company's main product.
Beginning inventory plus net purchases equals merchandise available for sale.
Answer the following statement true (T) or false (F)
Product returns result in approximately how much cost to U.S. suppliers each year (in terms of % profit)?
a. 3.8% b. 5% c. 1% d. 10%