An automobile is a type of___________because, unlike land and buildings, it can be easily moved
Fill in the blank(s) with correct word
personal property
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HomeVenture Inc manufactures and sells a line of furniture under the brand name Elegant Lines. The firm has a 3 percent share of the U.S. furniture market, and competes with industry giants who have large economies of scale and marketing resources
However, Elegant Lines holds 65 percent of the overlooked "customized art furniture" segment, specializing in very expensive custom-designed, furniture. Each of the Elegant Lines furniture pieces is a unique piece of art. What type of market segmentation strategy is HomeVenture Inc pursuing? A) a mass-segment strategy B) a niche-segment strategy C) a large-segment strategy D) a market-development strategy E) a mass-market strategy
Departmental operating income is the difference between a department's gross profit and its operating expenses
Indicate whether the statement is true or false
Howard is the dean of a small liberal arts college in Pennsylvania. The college has just joined the Billion Dollar Green Challenge. What will he have to do (in coordination with other leadership) to implement this program?
a. Reduce the school’s energy by 1% each year they participate in the challenge. b. Have students make a pledge that they will make contributions to environmental causes in their future careers. c. Contribute school profits to a national fund seeking to raise a billion dollars for climate change. d. Give part of the school’s endowment to a fund for environmental improvements.
A company wants to decrease its $200 petty cash fund to $175. The entry to reduce the fund is:
A. Debit to Cash $25; credit Petty Cash $25. B. Debit Petty Cash for $175; debit Cash Over and Short $25; credit Cash $200. C. Debit Petty Cash $25; credit Cash $25. D. Debit Cash Over and Short for $25; credit Petty Cash $25. E. Debit Miscellaneous Expenses $25; credit Cash $25.