One con of newspaper advertising is
A. that increasing subscription rates hamper circulation.
B. market research data is often insuffecient.
C. organizational structures may slow ad production.
D. that they primarily cover today's news.
E. a lack of selectivity of specific socioeconomic groups.
Answer: E
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In a merchandising firm, authorization for the purchase of inventory is the responsibility of
a. inventory control b. purchasing c. accounts payable d. cash disbursements
When a company maintains its price but removes or prices separately one or more elements that were part of the former offer, such as free delivery or installation, it is known as ________
A) escalating B) differentiation C) unbundling D) reverse discounting E) delayed quotation pricing
The following information is available for Ashley Company for the month ending June 30, 2019.
* Balance as per the bank statement is $11,240. * Balance as per books is $10,200. * Check #506 for $1,200 and check #510 for $900 were not shown on the June 30 bank statement. * A deposit in transit of $3,110 had not been received by the bank when the bank statement was generated. * A bank debit memo indicated an NSF check for $85 written by Maddie Wolfe to Ashley Company on June 13. * A bank credit memo indicated a note collected by the bank of $2,100 and interest revenue of $55 on June 20. * The bank statement indicated service charges of $20.
A Miami restaurant has created atmosphere through its subtle use of blue and green lighting, ceiling fans over each table, and frozen drinks. If its electrical energy supplier raises its prices, the restaurant will most likely ________
A) continue its present operation because it has an elastic demand for electricity B) ask other Miami restaurants to create a derived demand for cheaper electricity C) decide to find other ways to use electricity D) continue its present operation because it has an inelastic demand for electricity E) remove its lighting, turn off its fans, and economize on its use of electricity