Multidimensional scaling is a perceptual map that contains both brand spatial locations as well as consumer perceptions of their ideal brand

Indicate whether the statement is true or false


FALSE

Business

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Assortment is the number of different merchandise categories a retailer offers, also known as the breadth of merchandise.

Answer the following statement true (T) or false (F)

Business

Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three months of operations are as follows:Sales BudgetApril May June Cash sales30,000 43,000 55,000 Sales of account370,000 432,000 405,000  400,000 475,000 460,000 Bright Minds expects to collect 70% of the sales on account in the month of sale, and 20% in the month following the sale, and the remainder in the second month following the sale.What is the amount of sales revenue that the company will report on the second quarter pro forma income statement?

A. $1,335,000 B. $1,129,800 C. $1,001,800 D. $1,207,000

Business

Compare and contrast the three types of convenience products

What will be an ideal response?

Business

To record a cash discount allowed on a purchase:

a. no entry is required. b. purchase returns and allowances is credited. c. purchase discounts is credited. d. purchases is credited.

Business