A sole proprietorship comes into existence when:
a. a person in business hires at least one employee
b. two or more persons join together to work at a business c. a charter is received from the secretary of state
d. when a federal tax identification number is issued for the business e. none of the other choices
e
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An effective way of measuring the impact of point-of-purchase displays is to use:
A) day-after redemption rates B) Internet focus groups C) point-of-sale (POS) cash register data D) behavioral observation studies
Intel’s invention of the microprocessor in the early 1970s, Cisco’s development of the router for routing data over the Internet in the mid-1980s, and Apple’s development of the iPod, iPhone, and iPad in the 2000s can be referred to as which type of innovation?
A. Process B. Product C. Customer D. Resource E. Value-chain
________ is a pricing strategy in which the company sets up two or more clearly identified geographic regions within which all customers pay the same total price
A) Freight-absorption pricing B) Zone pricing C) Uniform-delivered pricing D) FOB-origin pricing E) Basing-point pricing
________ expenses are those costs that support a company's overall operations and include expenses related to accounting, human resources, and finance.
What will be an ideal response?