An approach that involves giving the customer free samples of the product is the:
A) referral approach
B) question approach
C) product demonstration approach
D) survey approach
E) premium approach
E
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Which formula in B4 will calculate the future value of $1,000 invested at 15% annually after 5 years with continuous compounding?
a) =B3*EXP(B1*B2)
b) =B2*EXP(B1*B3)
c) =B1*EXP(B2*B3)
d) =B1/EXP(B2*B3)
e) =B1*EXP(B2+B3)
The more specific your objective, ________
A) the more difficult it will be to create an effective presentation B) the more time it will take to create an effective presentation C) the longer your presentation will need to be to be effective D) the easier it will be to create an effective presentation E) the less persuasive your presentation will be
Trina makes handmade leis in Hawaii which she sells to local tourists. She anticipates August to be a busy month with the sale of 500 leis. She has prepared the following static budget for August: Sales revenue (500 units) $5,000 Variable costs: Direct materials 1,000 Direct labor 1,000 Overhead 375 Fixed costs 200 Net operating income $2,425 During August, Trina actually produced and sold 400
leis. What should be Trina's net operating income in August based on a flexible budget? A) $1,940 B) $1,825 C) $1,425 D) $1,900
Name one technological advance that has impacted how consumers research and buy products. Give an example from your own experience.
What will be an ideal response?