Distinguish between shelf positioning and shelf facings.
What will be an ideal response?
Shelf positioning refers to the physical placement of the product within the retailer's store. Shelf facings are the number of individual products placed beside each other on the shelf.
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Which of the sciences listed below looks at the way groups behave and the way they communicate and exchange information?
A. political science B. sociology C. social psychology D. anthropology
Which of the following statements regarding a multistep income statement is true?
A. A single-step income statement shows sales, gross margin, and net income. B. When a company sells inventory for more than its cost, the difference between the sales revenue and the cost of goods sold is called the operating income. C. Gross margin is calculated as sales revenue minus cost of goods sold. D. Gross margin equals net income.
Forecasts of revenues and their related expenses are the basis on which firms forecast their future
financing needs. Indicate whether the statement is true or false
All of the following are important factors in the economy EXCEPT:
A) technology. B) interest rates. C) financial markets. D) credit conditions.