If the principal invested in a bank at an annual interest rate of 6% is $3,000, the interest that will accumulate on the principal after a year will equal
A. $180.
B. $300.
C. $500.
D. $700.
Answer: A
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The uncontrollable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces are referred to as ________.
A. a marketing ecosystem B. the 5 Fs of marketing C. environmental forces D. a business sphere E. business conditions
Why would the customer pyramid be more appropriate in identifying a customer's lifetime value than utilizing the traditional 80-20 rule?
A. The 80-20 rule doesn't recognize the behavior of 20 percent of the customers. B. Customers can more easily identify where they would be located in the customer pyramid than within the 80-20 rule. C. The 80-20 rule does not consider important differences among the 80 percent of customers in the "rest" segment. D. If shoppers only buy 20 percent of the time, retailers have a missed sale 80 percent of the time. E. The 80-20 rule focuses only on the value of 80 percent of the shoppers.
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Indicate whether the statement is true or false
Machinery was purchased on January 1, 2009 for $51,000. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000. Sum-of-the-years'-digits depreciation for 2010 would be
A) $10,929 B) $6,000 C) $10,500 D) $9,000