Personal finance situations are influenced by variables that lead us each to have our own needs and set our own individualized goals. These variables are referred to as what?

A) Excessive Force
B) Personal Forces
C) The Force
D) Lifestyle Forces
E) Financial Forces


D) Lifestyle Forces

Business

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Which of the following retailer practices involves buying more units than needed of a product under a sales promotion in a region where the manufacturer offers a promotion deal and shipping the surplus to their stores in non-deal regions?

A) diverting B) panic buying C) hoarding D) stockpiling E) forward buying

Business

Bioclean Co., a merchandiser, sells a biodegradable cleaning product and has predicted the following unit sales for the first four months of the current year: Jan. Feb. March April Sales in units1,800 2,000 2,100 1,600  Ending inventory for each month should be 20% of the next month's sales, and the December 31 inventory is consistent with that policy. How many units should be purchased in February?

A. 2,020. B. 1,600. C. 2,820. D. 2,420. E. 2,000.

Business

The World Trade Organization (WTO) refers to

A. a multinational trade organization composed of the world's wealthiest nations whose primary purpose is to aid in the economic growth of developing nations. B. the world's largest licensing institution responsible for the certification of products distributed to a global market. C. an institution that sets rules governing trade between its members through panels of trade experts who decide on trade disputes between members and issue binding decisions. D. the world's largest banking institution responsible for establishing and maintaining equitable exchange rates for all member nations. E. a multinational trade organization comprised of the world's wealthiest nations whose primary purpose is to promote free trade economies.

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An after-work pizza party, a team luncheon, an informal lunch in the conference room, and a trip to see a sports event or theater production are examples of events the team can organize to foster socialization and team building

a. True b. False Indicate whether the statement is true or false

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