All the institutions in a channel are connected by several types of flows. When a retailer conveys to a wholesaler that a new line of hip-hop clothing is not selling, this is an example of ________

A) payment flow
B) flow of ownership
C) physical flow
D) information flow
E) promotion flow


D

Business

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Mass media, which includes television, newspapers, radio, direct mail, billboards, magazines, and the Internet are often referred to as ________ channels of communication

A) personal B) nonpersonal C) permanent D) temporary

Business

Explain the concept of discretionary access privileges

Business

Magpie Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,000 units of its sole product. Magpie desires a profit equal to a 25% rate of return on invested assets of $700,000. Fixed factory overhead cost $38,500 Fixed selling and administrative costs 7,500 Variable direct materials cost per unit 4.60 Variable direct labor cost

per unit 1.88 Variable factory overhead cost per unit 1.13 Variable selling and administrative cost per unit 4.50 The markup percentage on total cost for the company's product is: A) 21.0% B) 22.7% C) 15.8% D) 24.0%

Business

Buying rather than renting a home is usually a better alternative

A) for single dwelling units. B) for multiple dwelling units. C) for longer holding periods. D) for shorter holding periods.

Business