A neighborhood sportswear store sells a pair of Victoria sneakers for $40. Due to the recent fitness craze, these shoes are in high demand: 50 pairs of shoes are sold per week
The ordering cost is $20 per order, and the annual holding cost is 20% of the selling price. If the store operates 52 weeks a year, what can you say about the current lot size of 235?
A) too large
B) too small
C) just right
D) cannot tell from the information given
A
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If we perceive the approaching person closing the distance between us as attractive, our evaluation of him or her may become more favorable, especially if the distance violation is accompanied by other behaviors, such as compliments. This example illustrates which theory?
A. social comparison theory B. kinesics C. informal space or non-fixed-feature space D. expectancy violation theory
Closing the sale is always the most difficult part of the sales presentation.
Answer the following statement true (T) or false (F)
Memphis Co is going to purchase a machine for $83,200 that will increase cash flows by $40,000 in the first year, $30,000 the second year, and $25,000 the third year. The machine will have no residual value. The minimum rate of return is 10 percent. The present value factors for the three years are 0.909, 0.826, and 0.751, respectively. The machine's actual rate of return is
a. Unable to determine from the data given b. greater than 10 percent. c. less than 10 percent. d. 10 percent.
Companies are increasingly adopting high-commission plans to make sure that salespersons are motivated to build long-term relationships with customers
Indicate whether the statement is true or false