The receipt of cash is one of the operating activities of:
A. companies that sell goods they bought from others but not of companies that make the goods they sell.
B. merchandising, manufacturing, and service companies.
C. companies that sell goods but not companies that sell services.
D. companies that sell to consumers but do not sell to other companies.
Answer: B
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Under Armour increasing its advertising spending and offering an ever-increasing range of styles and colors in its original apparel line is an example of a ________ strategy
A) market penetration B) market development C) product diversification D) business harvesting E) product development
Explain what is meant by resale and sales promotional material. How are they different from sales messages?
The ________ legitimized voluntary arbitration agreements
Fill in the blanks with correct word
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 min. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. Determine the average time a customer spends in the system.
A. 30 min B. 20 min C. 45 min D. 15 min