You and a close friend have decided to open a new retail store that specializes in selling fan apparel featuring the local university. According to your textbook, what is the most important factor that the two of you should consider before opening the store?
A. how you will promote via social media
B. where the store is located in your town
C. how many university students you will hire
D. what assortment of products you should sell
E. how many athletic retail shops already exist
Answer: B
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On January 1, a company issues bonds dated January 1 with a par value of $330,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 8% and the bonds are sold for $343,395. The journal entry to record the issuance of the bond is:
A. Debit Cash $330,000; debit Premium on Bonds Payable $13,395; credit Bonds Payable $343,395. B. Debit Cash $343,395; credit Bonds Payable $343,395. C. Debit Cash $343,395; credit Discount on Bonds Payable $13,395; credit Bonds Payable $330,000. D. Debit Cash $343,395; credit Premium on Bonds Payable $13,395; credit Bonds Payable $330,000. E. Debit Bonds Payable $330,000; debit Bond Interest Expense $13,395; credit Cash $343,395.
In assessment centers, it is considered best practice not to have managers as assessors because managers often make employees feel ill at ease.
Answer the following statement true (T) or false (F)
Geek Is Us, Inc. may invest $8 million in an Alien Spectograph project. Annual costs and revenues, starting next year, are forecasted to be $3 million and $2 million growing at 0.0% and 4.0%, respectively
If the opportunity cost of capital is 6.0% and ? = 0.0, what is the investment trigger price? A) $20.95 million B) $30.95 million C) $40.95 million D) $50.95 million
In choosing the best alternative:
a) if decision makers cannot find an acceptable ready-made solution, then they would normally try to design a custom-made solution. b) decision makers must rally employees and prepare sufficient resources to make and implement the decision. c) firms must consider the motivation, ability, and role perceptions of employees implementing the solution. d) the selection criteria must be ranked by importance and given a weighted rating such as from 1 to 10 or some other scale.