A major disadvantage of a merchandising philosophy is that _____

a. coordination of buying and selling may be impaired
b. responsibility for success or failure may be unclear
c. buying and selling functions require different skills
d. communication between selling and buying staff may be unclear


c

Business

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A ________ consists of all products — original as well as line and category extensions — sold under a particular brand

A) brand line B) co-brand C) generic brand D) licensed product E) subbrand

Business

Service organizations incur little or no cost for

a. applied overhead. b. actual overhead. c. materials. d. labor.

Business

______ speaking is delivered “off the cuff” and with little, if any, prior notice or preparation.

a. Spontaneous b. Extemporaneous c. Impromptu d. Impulsive

Business

The entry to record the declaration of a common stock dividend would include a debit to ________

a. Cash b. Accounts Receivable c. Stock Dividends d. Common Stock

Business