Which of the following is an example of a controllable variable to an independent family-oriented shoe retailer?
a. consumer acceptance of the store's above-average pricing strategy
b. development and implementation of a cheerful, friendly store atmosphere
c. competition from a new family-oriented shoe chain with below-average pricing
d. high seasonality during the week before school, at Easter, and before camp time periods
b
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Which of the following is a core Fair Information Practices (FIP) principle?
A. Choice/Consent B. Access/Participation C. Security D. Enforcement
Businesspersons are expected to make decisions that are ethically sound
a. True b. False Indicate whether the statement is true or false
A wholesaler sells an organ for $1,730. What is the percent markup based on selling price, if the wholesaler paid $800 for the piano? (Round to the nearest whole percent)
A) 54% B) 39% C) 46% D) 217%
What is the difference between your assets and your liabilities?
A) Surplus B) Income C) Net Worth D) Revenue E) Cash