A goal in retail layouts is ______.

a. to promote collaboration
b. to inhibit the flow of goods and services
c. to increase the customer’s exposure to as many products as possible
d. to circumvent government regulation


c. to increase the customer’s exposure to as many products as possible

Business

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Outdoor Living Company has just received a special order for 500 hammocks. Outdoor Living has sufficient idle capacity to accept the order. Accepting the order will increase Outdoor Living's variable manufacturing costs. Which type of cost is considered a sunk cost to Outdoor Living's decision of whether to accept or reject the special order?

A. Labor cost to make the 500 hammocks B. Depreciation on equipment that would be used to make the hammocks C. Materials handling cost D. Raw materials to make the 500 hammocks

Business

With respect to the creative services department of a full-service agency, the layout for TV commercials is known as a(n)

A. creative brief. B. storyboard. C. logo. D. packshot. E. art infusion.

Business

Cleo writes a check for $100 drawn on Debit & Credit Bank and presents it to Elegant Jewelers for payment. If the check is not backed by sufficient funds, Cleo may be prosecuted for

a. forgery. b. fraud. c. negligence. d. nothing.

Business

Joe and Josh sign a contract in which Joe agrees to deliver 10 boxes of widgets in exchange for Joe's promise to pay $50 per box. Joe delivers the widgets and Josh pays for the widgets. This is an example of a(n):

a. implied contract. b. executory contract. c. executed contract. d. void contract.

Business