Which of the following would not be considered as primarily a merchandising business?
A. Abercrombie and Fitch
B. Regal Cinemas
C. Sam's Clubs
D. Amazon
Answer: B
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Business entities that file for bankruptcy under Chapter 7 may be permitted to keep some exempt property.
Answer the following statement true (T) or false (F)
A cost is sunk if it
a. is not an incremental cost. b. is unavoidable. c. has already been incurred. d. is irrelevant to the decision at hand.
______ provides basic medical benefits, but it was not designed to be a full-coverage program.
A. Welfare B. Medicare C. Social Security D. Unemployment Insurance
I-scream-4 Ice Cream recently faced competition against their flagship brand of "Orange peel ice cream." A competitor made significant in-roads into the market by offering three varieties of "Orange peel ice cream." I-scream-4 Ice Cream decided to counter this threat by introducing five new varieties of ice creams. Which competitive strategy is I-scream-4 Ice Cream implementing?
A. cost differentiation B. service focus C. cost leadership D. product differentiation E. innovation focus