Explain the concept of vertical merchandising.
What will be an ideal response?
In vertical merchandising, merchandise is presented vertically using walls and high gondolas. Customers shop much as they read a newspaper-from left to right, going down each column, top to bottom. Stores can effectively organize merchandise to follow the eye's natural movement. Retailers take advantage of this tendency in several ways. Many grocery stores put national brands at eye level and store brands on lower shelves because customers scan from eye level down. In addition, retailers often display merchandise in bold vertical bands of an item.
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The interest rate specified in a bond contract is known as the market rate
Indicate whether the statement is true or false
A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?
A) $17,500 B) $37,500 C) $18,750 D) $16,667
A national union is most likely to take the lead in collective bargaining:
A. When the company is large. B. When the company is small. C. The national union never takes the lead - it is the local union that leads bargaining. D. The national union always takes the lead in collective bargaining.
Which of the following is a possible drawback of diversity within a work group?
A. Lack of creativity B. Lack of experience C. Lack of certainty D. Lack of ideas