If the issued and outstanding shares are broken up into a greater number of shares, each representing a proportionately smaller interest in the corporation, this is known as a:
A) property dividend.
B) stock split.
C) stock dividend.
D) liquidating dividend.
B
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Important market characteristics in organizational buying behavior include which of the following?
A. many customers placing progressively larger orders over time B. unlimited markets but orders become progressively smaller over time C. fewer customers but with larger orders D. diminishing international opportunities as more firms enter the market E. a market that functions independently of consumer demand
Which of the following countries can be best characterised as a high context communication culture?
a. Germany b. Spain c. Netherlands d. England
A(n) _____ is an interactive, flexible computerized information system that enables managers to obtain and manipulate information as they are making decisions.
A. expert system B. marketing information system C. artificial intelligence system D. marketing decision support system E. database marketing system
The LaPann Corporation has obtained the following sales forecast data: JulyAugustSeptemberOctoberCash sales$80,000 $70,000 $50,000$60,000Credit sales$240,000 $220,000 $180,000$200,000The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts.The budgeted accounts receivable balance on September 30 would be:
A. $126,000 B. $148,000 C. $190,000 D. $166,000