Scenario 7.2 Use the following to answer the questions. Precision Brake Company is a supplier of brake components to the manufacturers of lawn tractors and 4-wheel ATVs. It also sells its products to independent repair centers, dealers, and other wholesalers in Northeast and Southern states. Precision Brake has done research on the demand for lawn tractors and found that most manufacturers are in the states of Kentucky, Tennessee, and Alabama. Research also shows that most of the dealers who sell directly to individual consumers are in the Midwestern states, while dealers who sell to small business landscaping companies tend to be located in the Northeastern states. Company executives are considering expansion of its distribution to markets in the Midwest. Refer to Scenario 7.2. Given
the type of business market in which Precision Brake is currently operating, which group would it be least likely to sell to?
A. Producers
B. Governments
C. Retailers
D. Consumers
E. Institutions
Answer: D
You might also like to view...
The political environment is a factor that comprises the environmental context of the problem
Indicate whether the statement is true or false
In which of the following ways does sexual harassment differ from sexual orientation discrimination?
a. There is no legal recourse for those suffering from sexual harassment. b. Sexual harassment may occur between same-level employees. c. There is no official federal protection against sexual harassment. d. Sexual harassment happens equally against men and women.
Which of the following is a term more descriptive of the term "direct costing"?
a. out-of-pocket costing b. variable costing c. relevant costing d. prime costing
Which of the following statements concerning operating leverage is false?
a. Normally, a company which is highly labor intensive will have low fixed costs and therefore a low operating leverage. b. Normally, companies which have a high operating leverage will also have a high contribution margin ratio. c. Operating leverage measures the relationship between a company's variable and fixed cost. d. If a company has a low operating leverage, a small amount of sales will cause a large increase in profits.