Customers and customer demand patterns relate to which of the following sources of the market feasibility analysis?
a. market data
b. competitive data
c. general economic trends
d. pricing data
ANSWER: a
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Cost of goods sold is the difference between the goods available for sale and the ending inventory
Indicate whether the statement is true or false
Future tax deductions
a. result in deferred tax assets. b. result in deferred tax liabilities. c. occur where the tax basis of liabilities is more than the financial reporting basis. d. occur where the tax basis of assets is less than financial reporting basis.
Deserts and tropical forests seem to be opposites, but they have this trait in common.
A. They are good vacation spots so are an economic stimulator. B. They separate markets, thereby increasing transportation costs. C. They are hospitable to insects. D. They have small populations on their edges.
Needs relate to either physical or psychological functions. How does Levi Strauss & Co. satisfy both of these needs with Levi's jeans?
What will be an ideal response?