Longer-period moving averages react more slowly to recent demand changes than do shorter-period moving averages

Indicate whether this statement is true or false.


Answer: TRUE

Business

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Which of the following is not a benefit of a high inventory turnover?

A. Continuous availability of new merchandise B. New buying opportunities C. Reduced obsolescence risk and markdowns D. Improved salesperson morale E. Reduced gross margin

Business

________ includes the underlying motives, perceptions, attitudes, buying habits, and demographic and psychographic profiles of buyers and potential buyers

A) Buyer behavior B) Economic behavior C) Organizational behavior D) Ethical behavior E) Advertising creativity

Business

Burke Company has a break-even of $600,000 in total sales. Assuming the company sells its product for $50 per unit, what is its margin of safety in units if sales total $850,000?

A. 17,000 units B. 250,000 units C. 5,000 units D. 12,000 units

Business

A decrease in a company's product depth will always hurt its marketing efforts.

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

Business