Travis has an athletic shoe store and is currently preparing a market summary. To be most effective, the competition section of his market summary should
A. list both direct and indirect competitors.
B. list only indirect competitors.
C. list possible tactics to obtain a larger market share.
D. list only direct competitors.
E. focus only on competitors that sell the same product as he.
Answer: A
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In order to determine inventory for its balance sheet, it is best for a company to count the inventory at the end of its accounting period for
a. The periodic inventory system b. The perpetual inventory system c. Both the periodic and perpetual inventory systems d. Neither the periodic nor perpetual inventory systems
The___________is a subset of the board of directors that acts as a direct contact between the stockholders and the independent accounting firm
Fill in the blank(s) with correct word
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center A Investment Center BInvestment center income$415,000 $525,000 Investment center average invested assets$2,400,000 $1,950,000 The return on investment (ROI) for Investment Center A is:
A. 17.3% B. 39.2% C. 19.1% D. 578.3% E. 24.1%
Which of the following is not a reason why companies in an industry would establish an industry consortium?
a. Establish industry standards b. Influence government regulation. c. Develop metrics for assessing the degree to which products are environmentally friendly. d. Learn about competitors' technologies. e. All are reasons why companies in an industry would establish a consortium.