Frequently purchased, relatively low-cost products for which customers have little interest in seeking new information and rely heavily on prior purchase behavior are called ________ goods.
A. specialty
B. convenience
C. shopping
D. unsought
E. consenting
Answer: B
Business
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a. True b. False
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The fully loaded cost of turnover excludes an exiting employee's lost leads and contacts.
Answer the following statement true (T) or false (F)
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Days' sales in inventory:
A. Is a substitute for the acid-test ratio. B. Is used to measure solvency. C. Focuses on average inventory rather than ending inventory. D. Is also called days' stock on hand. E. Is calculated by dividing cost of goods sold by ending inventory.
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Tangible personal property represents a set of rights and interests but has no real physical existence.
Answer the following statement true (T) or false (F)
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