Price serves the function of ____ for goods, services, and financial resources.

A. distributor
B. determining factor
C. screener
D. quantifier
E. allocator


Answer: E

Business

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Which of the following statements about international marketing research is true?

A) International marketing research has declined over the past decade due to global economic decline. B) Conducting personal interviews in developing countries is generally less difficult and less expensive than doing so in developed nations. C) International researchers follow a different set of steps in marketing research than domestic researchers. D) Language translation in international marketing research typically increases costs and raises the risk of errors. E) International researchers benefit from useful secondary data that is available online, so primary data is typically unnecessary.

Business

Which of the following statements best exemplifies how society as a whole benefits from ethical behavior?

a. Consumers are willing to pay more for a product they believe to be ethically produced. b. People feel better when they behave ethically. c. Unethical behavior can be very costly. d. Ethical behavior builds trust which is important in all of our relationships.

Business

Kostner Financial Services, Inc. performed accounting services for a client in December. A bill was mailed to the client on December 30. The company received the client's check by mail on January 5

Which of the following accounts should appear on the income statement for the year ended December 31 as related to the services performed? A) Service Revenue B) Unearned Revenue C) Accounts Payable D) Prepaid Expense

Business

Private employers are not covered by qualified privilege

Indicate whether the statement is true or false

Business