In the United States, approximately 72 percent of all businesses are
A. corporations.
B. partnerships.
C. sole proprietorships.
D. joint ventures.
E. franchises.
Answer: C
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Recency refers to the:
A. percentage of customers who do not return during the next year after an initial purchase. B. time elapsed since the last visit made by a customer. C. percentage of existing customers who continue to buy on a regular basis. D. percentage of customers who return to the site within a year to make additional purchases.
Which of the following would be an invalid restrictive covenant in a deed?
a. A requirement that all buildings are of a certain style. b. A requirement that all homes contain a double garage. c. An agreement not to sell to African-Americans. d. An agreement requiring a minimum size for homes.
Persons appointed by an agent delegated some authority are known as:
a. minor agents b. pseudo-agents c. subagents d. delegated agents e. none of the other choices
Sam tells Carl that he likes his team's idea about a new three-lace running shoe but wants him to put together some figures regarding anticipated sales, costs, and resulting profits. He is asking Carl to proceed to which stage of the new-product development process?
A. Idea generation B. Business analysis C. Commercialization D. Test marketing E. Screening