Which of the following statements is true of specialty goods?
A. Customers do not just buy a specialty good because of the name on the item.
B. Customers enquire about each and every detail of a specialty good with the sales personnel.
C. Customers do not comparison shop for specialty goods.
D. Customers spend much time looking for specialty goods.
Answer: C
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A. radically innovative B. innovative C. adaptive D. proactive E. reactive
Which one of the following sets of inventory cost flow assumptions is not susceptible to profit manipulation by management?
A) FIFO and specific identification B) LIFO and average cost C) FIFO and average cost D) LIFO and specific identification
In business, it is better to:
A. under commit and over deliver B. over commit and under deliver C. under commit and under deliver D. none of the above
The number of different characters that can be represented in the International Reference Alphabet text code is:
A. 512 B. 256 C. 128 D. 64