The retailer allocates the budget to areas that will yield the greatest return. This approach for allocating a budget is referred to as the
A. contribution principle.
B. high-margin principle.
C. high-assay principle.
D. break-even principle.
E. attraction principle.
Answer: C
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The organizational decision to purchase production inputs, components, or finished goods from domestic or foreign producers is known as the ________ decision
A) import/export B) NTB C) preferential D) sourcing E) security
An expenditure qualifies as an asset if it has which of the following characteristics?
a. It embodies a probable future benefit. b. A particular entity can obtain the benefit and control others' access to it. c. The transaction or other event giving rise to the entity's right to, or control of, the benefit has already occurred. d. The fair value of the item at the time of initial recognition can be measured with sufficient reliability. e. all of the above
An annual rate of 4% is applied as a semiannual rate of 1%.
Answer the following statement true (T) or false (F)
Which of the following is NOT one of the three critical change initiatives identified by Larry Hirschhorn (2002)?
a. There will be a political campaign to gain strong and lasting support for the change b. There will be a communication campaign so all stakeholders understand the change c. There will be a cultural campaign so all people are committed to the new norms and values of the change d. There will be a military campaign to ensure the human and material resources are available