With respect to retailing, which of the following best defines assortment of merchandise?
A. The number of different items offered in a merchandise category
B. The number of merchandise categories a retailer offers
C. Merchandise with minor mistakes in construction
D. End-of-season merchandise that will not be used in following seasons
E. Each different item of merchandise offered by a retailer
Answer: A
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When a firm supports a specific event, such as the Special Olympics, it is:
A) sponsorship marketing B) event marketing C) cause-related marketing D) tie-in marketing
How would merchant wholesaler HCN operate?
What will be an ideal response?
Flying Cloud Co has the following operating data for its manufacturing operations: Unit selling price $ 250 Unit variable cost 100 Total fixed costs $840,000 The company has decided to increase the wages of hourly workers which will increase the unit variable cost by 10%. Increases in the salaries of factory supervisors and property taxes for the factory will increase fixed costs by 4%. If sales
prices are held constant, the next break-even point for Flying Cloud Co will be: A) increased by 640 units B) increased by 400 units C) decreased by 640 units D) increased by 800 units
The interest rate is also called the ________ rate.
Fill in the blank(s) with the appropriate word(s).