An advantage to a retailer's having a deep assortment is _____
a. the appeal to innovative consumers
b. the appeal to one-stop shopping for a variety of product needs
c. being able to appeal to diverse consumer needs
d. less likelihood of having too much stock on hand
c
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Which one of the following procedures is incorrect for setting up and maintaining a petty cash fund?
a. A check is prepared for a fixed amount; when the check is cashed, the money is entrusted to a petty cash custodian. b. An entry is recorded to establish the fund and obtain the cash. c. When appropriate documentation is presented, cash payments are made from the fund; the petty cash custodian retains the documentation. d. When the petty cash fund is replenished, an entry is recorded to recognize an increase in the petty cash account.
The Clayton Act prohibits tie-in sales and exclusive agreements if they ________.
A. substantially lessen competition. B. encourage price discrimination. C. promote sexual harassment. D. removes the employer's ability to terminate-at-will without justification. E. allow some customers to receive price reductions while others do not.
Both needs and wants can be very motivational. Which of the following is made up of our
personal requirements? a. Needs b. Wants c. Motivation d. Expectations
A Venn diagram visually displays mutually exclusive and non-mutually exclusive events
Indicate whether this statement is true or false.