To understand how well an economic system is doing, which of the following measurements is utilized?
a. profit
b. gross domestic product
c. market share
d. the volume of the product produced
e. unemployment
b. gross domestic product
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In terms of strategy evaluation, which of the following terms describes whether the diversification strategy is in alignment with the organization's goals and objectives?
A. Advantage B. Consonance C. Feasibility D. Consistency
The success of Uniqlo's retail stores can be attributed to it's decision to:
A) remain in Japan. B) locate in high population density areas. C) locate in low population density areas. D) manufacture most of their products in Japan. E) become the world's number one apparel retailer.
After initially recording an asset at cost, fair value is
A) the price at which an asset could be sold in a current transaction between independent parties. B) the actual, or historical, price at which the asset was acquired. C) the easiest value used to measure and record assets. D) verifiable at all future dates by referring to the invoice price paid for the asset.
________ is the degree to which any member of a marketing channel can exercise influence over the other members of the channel.
A. Exclusive power B. Disintermediation C. Channel power D. Assortment E. Distribution intensity