Services
A. are intangible.
B. are perishable.
C. often have to be produced in the presence of the customer.
D. are not easy to store.
E. All these answers are correct.
Answer: E
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An account you would not expect to find under the heading of "Current Assets" in a chart of accounts is
a. Merchandise Inventory; b. Accounts Receivable; c. Cash; d. Supplies; e. Purchases.
Which of the following statements is not true of the merchandise classification scheme?
A. A classification is a group of items targeting the same customer type. B. A stock-keeping unit (SKU) is the smallest unit available for inventory control. C. In soft goods, a SKU usually means a particular size, color, and style. D. SKUs are the basic units of analysis for making merchandising management decisions. E. The highest classification level is the merchandise group.
Processing more transactions at a lower unit cost makes batch processing more efficient than real-time systems
Indicate whether the statement is true or false
________ helps sales representatives understand how they spend their time and how they might increase their productivity
A) Time-and-duty analysis B) A sales quota C) A feed-forward approach D) An expense allowance E) A norm for prospect calls