Customer expectations related to quality are influenced by all the following except
A) Personal needs
B) Word of mouth
C) Reputation
D) Internal defect rates
E) Past experience
D
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Name the method of determining what sales volume must be reached before total revenue equals total costs.
A. Break-even analysis B. Markup pricing C. Opportunity analysis D. Fixed-cost pricing
If the fixed costs are $10,000 and the variable cost/unit is $10 and the break-even is 100 units, what is the selling price per unit?
A) $200. B) $110. C) $59. D) None of the above E) Unable to say without more information
The investment banker does NOT underwrite the securities to be issued in which of the following?
A) firm commitment B) initial public offering C) best efforts D) primary market transaction
When following smart buying to purchase a home you should
A) create a budget and determine what PITI you can afford. B) check out your FICO score and get a copy of your credit report. C) look at your overall financial plan to determine how big a loan you should take on. D) determine how much of a down payment you can afford. E) all of the above.