The average firm pays approximately what percentage of its payroll to provide benefits and services to employees?
a. 40 percent
b. 80 percent
c. 10 percent
d. 20 percent
e. 70 percent
a. 40 percent
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A manufacturer or seller of a product may identify its merchandise and bar other manufacturers from using the same identification by obtaining
a. a patent; b. a copyright; c. a trademark; d. letterhead stationery; e. the services of a CPA.
Which of the following is a strategy that a marketing manager is most likely to use in the market growth stage?
A. moving toward intensive distribution B. penetration pricing to develop customer loyalty C. developing new ways to use the product D. building brand familiarity E. price slashing
Which of the following is true of subsurface rights in real property?
A) Subsurface rights cannot be used to mine radioactive elements. B) Subsurface rights can be sold separately from surface rights. C) Minerals found beneath real property have to be given up to the government. D) Subsurface rights can only be invoked to dig oil wells.
The two basic elements of consideration are intention and agreement
a. True b. False Indicate whether the statement is true or false