Which of the following is true of the economic environment?

A. It is not affected by the way the parts of the macro-marketing system interact.
B. It has no relationship to the technological environment.
C. It can change very rapidly.
D. It never requires marketing managers to make immediate changes in strategy.
E. It refers to micro-economic factors that do not affect business spending.


Answer: C

Business

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Under the direct charge-off method of dealing with uncollectible accounts,

a. revenues and expenses are properly matched. b. Accounts Receivable is shown on the balance sheet at net realizable value. c. Uncollectible Accounts Expense is recorded in the period of the sale. d. no Allowance for Uncollectible Accounts exists.

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Quick response (QR) inventory planning is generally used in conjunction with electronic data interchange (EDI)

Indicate whether the statement is true or false

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The contribution margin ratio is the percent by which the margin of safety exceeds the break-even point.

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

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Substantive due process limits what the government can do in its legislative and executive capacities

Indicate whether the statement is true or false

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