An advantage of a centralized management structure to a retail chain is _____
a. better training opportunities for branch personnel
b. more autonomy to each branch manager
c. more uniform store image
d. better ability to adapt to individual markets
c
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According to attribution theory, it is the event itself, not the perceived cause of the event, that influences a person's behavior.
Answer the following statement true (T) or false (F)
How do interest rates affect the optimal order quantity Q*?
A) As interest rates increase, Q* increases until it reaches a maximum, after which any further increase in interest causes a decline in Q*. B) As interest rates decrease, Q* decreases. C) As interest rates increase, Q* decreases. D) None of the above
All of the following are forms of short term financing EXCEPT:
A) Receivable financing B) Inventory financing C) Lines of Credit D) Self-liquidating loans
The cost of capital to the borrower consists of the opportunity cost on the amount of equity
invested in the business. Indicate whether the statement is true or false