________ reduce costs and maintain low prices by buying opportunistically from manufacturers with excess inventory, offering limited assortments of household goods and groceries, as well as health and beauty aids.
A. Convenience stores
B. Extreme-value retailers
C. Factory outlets
D. Specialty stores
E. Category killers
Answer: B
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Answer the following statements true (T) or false (F)
1) The accounting rate of return method considers the time value of money. 2) The accounting rate of return method focuses on operating income instead of net cash inflow generated by an asset. 3) The accounting rate of return also is known as the average rate of return or annual rate of return. 4) The Accounting Rate of Return method evaluates the lifetime return of an investment, whereas Return on Investment evaluates the annual return of an investment. 5) If the expected accounting rate of return meets or exceeds the required rate of return, the decision rule is to not make the investment.
Computerized systems can be used to capture accounting information such as accounts receivable, inventory items, accounts payable, and sales
Indicate whether the statement is true or false
A compensation survey is the systematic process of collecting and making judgments about the compensation paid by other employers.
Answer the following statement true (T) or false (F)
A(n) ________ is a memorable catchphrase that captures the key idea of a business, its service, product, or customer.
A. tagline B. mission statement C. elevator pitch D. executive summary