A retailer can increase its accounts payable to net sales ratio by _____
a. increasing its inventory turnover
b. paying accounts payable early to receive cash discounts
c. switching to vendors with net 45 versus net 30 terms
d. increasing its initial markup
c
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Oscar told Pete not to go to the local burger joint because the last few times he had been there, the food wasn’t very good and the service was even worse. Pete asked Oscar how long it had been since he had been to the place and Oscar said “about a year.” Pete wondered if things had gotten better at the burger place and why Oscar said it was so bad when he hadn’t been there in a year. Oscar clearly is guilty of using which of the following?
A. allness B. halo effect C. frozen evaluations D. prescriptive behavior
Describe four different types of trade sales promotion techniques and discuss how they might be used
What will be an ideal response?
A holder in due course would have the right to collect from the original maker of an instrument even if the maker had a valid personal defense
Indicate whether the statement is true or false
Planned obsolescencerepresents a clear violation of social responsibility.
Answer the following statement true (T) or false (F)