Off-price retailers:
A. are often able to take advantage of manufacturers' faulty sales forecasting
B. very often offer a consistent assortment of merchandise
C. seldom stock brand-name merchandise
D. are owned by the manufacturer of the products they sell
E. offer very deep assortments
Answer: A
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A procedure for deriving a mathematical relationship, in the form of an equation, between a single metric dependent variable and a single metric independent variable is called univariate regression
Indicate whether the statement is true or false
Which of the following is a limit of consumer segmentation methods?
A. Psychographics do not effectively employ Connectors, Mavens, and Salesmen in reaching consumers. B. Psychographics rely too heavily on reciprocal activation, making them unlikely to create secondary sales. C. For some products psychographics may offer little real value, as it oversimplifies consumer personalities and purchasing behavior. D. Psychographics help address the emotional factors that motivate consumers, thereby fulfilling their needs and decreasing the likelihood of successive sales. E. Psychographics encourage social epidemics such as racial profiling and stigmas against immigrants according to Malcolm Gladwell.
Which of the following is/are not a shortcoming of the direct write-off method?
a. It provides firms with an opportunity to manage earnings each period by deciding when particular customers' accounts become uncollectible. b. It does not usually recognize the loss from uncollectible accounts in the period in which the sale occurs and the firm recognizes revenue. c. The amount of accounts receivable on the balance sheet does not reflect the amount a firm expects to collect in cash. d. It is the method required for income tax reporting in the United States. e. none of the above.
Which of the informal elements of ethics focuses on the words, talk, attitudes, and values used within an organization?
A. language B. stories C. norms D. rituals