Which of the following statements is false?
a. In order to maximize profits, salesmen's commissions should be based on contribution margin rather than sales price.
b. Sales mix usually refers to manufacturing companies and retailers but not to service companies.
c. The term "sales mix" refers to the sales of a certain product in relation to the company's total sales.
d. Changing the advertising budget for specific products will affect the sales mix.
b
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Assume you are the president of the business club at your school. You are thinking about creating a fundraising project to generate money for next year's operations. Develop an outline of your ideas using the various stages of the management process
What is one way that social class is NOT measured?
A) vocation B) education C) power D) number of children in the family E) place of residence
In the context of writing formal reports, a researcher intending to enhance his credibility must:?
A) ?use emotional terms. B) ?identify assumptions. C) ?not use documentation. D) ?avoid labelling opinions.
The use of which of the following valuation methods, utilized in valuing common stock, is superior since it considers expected earnings?
A) Liquidation value B) Book value C) P/E multiple D) Present value of the interest