An advantage of buying an existing business versus starting a new business is _____

a. the ability to generate new supplier relationships
b. the ability to generate immediate sales
c. no cost for goodwill
d. flexibility in developing and changing retail strategy


b

Business

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The airline industries implement yield pricing by offering discounted but limited early purchases, higher-priced late purchases, and the lowest rates on unsold inventory just before it expires

Indicate whether the statement is true or false

Business

Which of the following stages in the new product development would a firm engage in immediately after the completion of concept testing?

A) idea screening B) marketing strategy development C) business analysis D) product development E) idea generation

Business

Which of the following is true of trading investments?

A) They are held for more than two years. B) They are generally recorded as long-term investments. C) They must be adjusted and reported at fair value at the end of each accounting period. D) They are always reported on the balance sheet at their historical cost.

Business

The prior criminal record of a defendant may affect the punishment imposed for a crime committed by that person

Indicate whether the statement is true or false

Business