If a manager sells more than was expected when average-cost pricing was used to set a price, the firm will lose money.
Answer the following statement true (T) or false (F)
False
Average-cost pricing works well if the firm actually sells the quantity it used to set the average-cost price. If sales are much higher than expected, then profits may be very good.
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________ refers to the characteristics of a product or service that bear on its ability to satisfy stated or implied customer needs
A) Brand equity B) Product quality C) Product labeling D) Brand image E) Brand personality
Which of the following is NOT true about warehouse clubs?
A) They are not full-service stores. B) They often charge their customers with a modest annual membership fee. C) They carry items in bulk. D) They carry a more limited selection of merchandise than that offered by most grocery stores. E) Groceries account for the smallest portion of sales revenue.
Social media messages have replaced e-mail messages within organizations and to external audiences
Indicate whether the statement is true or false
A plan of reorganization under Chapter 13 will be confirmed when the:
a. debtor has not been discharged before. b. unsecured creditors are not discharged. c. unsecured creditors receive the same amount as the secured creditors. d. unsecured creditors receive at least as much as they would have if the debtor had liquidated.