Supermarkets
A. are designed to maximize efficiency.
B. usually carry about 100,000 product items per store.
C. usually earn net profits that are at least 15 percent of sales.
D. were late adopters of the mass-merchandising concept.
E. All these answers are correct.
Answer: A
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The U.S. retail industry
A. depends on a single large wholesale industry. B. consists of a fragmented distribution system. C. has the greatest retail density in the world. D. mostly has small stores operating independently. E. has the lowest concentration of large firms.
Data for Kennedy Realty are as follows: ?Total assets at January 1$100,000?Total liabilities at January 135,000?Total revenues for the year79,000?Total expenses for the year47,000Dividends of $30,000 were paid during the year. There were no stockholder investments. Using the above data, prepare Kennedy Realty's Statement of Retained Earnings for the year ended December 31.
What will be an ideal response?
Practice occurs at which of the following levels?
a. Mental b. Physical and metaphysical c. Mental and physical d. Mental and metaphysical
Marketing, finance, operations, and human resources are examples of what type of group?
a. functional b. cross-functional c. command d. task