Which of the following statements on markdowns is false?
A. Markdowns are an unnecessary part of business if planned correctly.
B. Promotional markdowns increase customer flow.
C. If markdowns are too low, the buyer may be pricing their merchandise too low.
D. Markdowns are an opportunity to increase sales.
E. If markdowns are too low, the buyer may be not purchasing enough merchandise.
Answer: A
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Having a strategic plan in place for a venture enables the entrepreneur to choose a legal form that won't have to be changed or one that can easily be shifted to when the time is right.
Answer the following statement true (T) or false (F)
In the summer of 2002 the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but in early 2016, the euro and the dollar were nearly equivalent. This change in value is called
A. foreign currency fluctuations. B. interest destabilization. C. inflation. D. global financial impact. E. recession.
The derivative of 19x4 + 2x3 + 5x2 + 1x + 9 is
A) 19x3 + 2x2 + 5x + 1. B) 4x3 + 3x2 + 2x + 1. C) 12x2 + 6x + 9. D) 76x3 + 6x2 + 10x + 1. E) None of the above
Engineers from what company developed Six Sigma in the 1980s?
A. Intel B. General Motors C. Motorola D. General Electric