John wants to start his own business. After doing some research, he has decided to specialize in cleaning kitchens since most homemakers are not satisfied with the quality of the service offered by the residential cleaning companies. This process of finding a small-but profitable-demand for something and producing a custom-made product or service is known as ________.
A. visual merchandising
B. sales promotion
C. niche marketing
D. out-of-home advertising
Answer: C
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Purchase orders are sent to:
a. customers b. vendors c. carriers d. managers
Current assets are defined as
a. Cash and cash equivalents. b. All assets expected to be quickly used by the firm. c. Cash and other assets that the firm expects to sell or consume during the normal operating cycle of a business, usually one year. d. Cash and other assets that the firm expects maintain for a period including the normal operating cycle of a business, usually one year.
With rising and/or falling ______, you can give a sentence very different meanings from genuinely expressing happiness, to sarcasm, to distain.
Fill in the blank(s) with the appropriate word(s).
The authors identify a tip for understanding BOP accounting. They recommend that you "follow the cash flow."
Indicate whether the statement is true or false.