If the lender has the right to take certain specified assets of the borrower in the event of a default on the loan, the loan is a(n) ________ loan
Fill in the blank(s) with the appropriate word(s).
Answer: secured
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Answer the following statement true (T) or false (F)
Midnight Magic, a perfume manufacturing company, plans to release a new fragrance during the holiday season at $99 per bottle
The company intends to bring the price down to $49 within six months of its release to attract buyers who couldn't afford the initial price. Which of the following pricing strategies is Midnight Magic using? A) market-penetration pricing B) market-skimming pricing C) competitive pricing D) cost-plus pricing E) product-line pricing
Aron is concerned about union organizing activities among his employees. He knows that many of the employees like and respect Derrick. Aron thinks if he can get Derrick to vote against the union, others will do so as well. Aron offers Derrick a 10% raise if Derrick does not vote for the union. Aron knows this will be a lot of money, but thinks he will save money in the long term by avoiding the union. It appears that Aron violated which of the NLRB’s NO TIPS rules regarding what management cannot do during labor elections.
A. no threats B. no interrogations C. no promises D. no spying
A ________ is a group of associated items that consumers tend to use together or think of as part of a group of similar products.
A. product mix B. brand extension C. product line D. line extension E. product mix breadth