To take advantage of increased customer demand, a hair salon may use all the following strategies EXCEPT

A. keeping the salon open for longer hours.
B. storing inventories of salon services in warehouses.
C. creating a larger store with more capacity.
D. hiring more specialists.
E. opening additional stores.


Answer: B

Business

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The managers of a business have the dual objective of generating net income (profitability) and keeping the enterprise solvent (liquidity)

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

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Using the future value table, a student found that the future value amount of $1 for 5 years at an annual interest rate of 10% is 1.611 . The student also observed that the future value of $1 for 5 years at 10% compounded semiannually is 1.629 . This means that

a. the more often the compounding, the higher the future value. b. the student was looking in the wrong column; the second amount should be 1.611/2. c. there was an error in the table. d. when interest is compounded semiannually, more money must be deposited to have a desired ending balance.

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_____ enables business partners to set standards for data formats in Web pages.

A. Perl B. CGI C. XML D. SQL

Business

Non-traditional focus groups differ from traditional focus groups in that:

A) they are not restricted to 6 to 12 persons meeting in a dedicated room with one-way mirrors for client viewing B) they are not certifiable by the Qualitative Research Consultants association C) they are run by clients for clients D) they are run only by qualified QRC's E) they are not quantifiable

Business