Which of the following statements about performance appraisal is false?
A. It is an exact, human process.
B. It is a feedback process.
C. It is a measurement process.
D. It is an exercise in observation and judgment.
Answer: A
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Strong brands achieve the following, except:
A) allow a company to charge more for products B) create brand parity C) provide customers assurance of quality D) transfer to other products or brands the company sells
Licensing is a contractual agreement whereby one company (the licensor) makes a legally protected asset available to another company (the licensee) in exchange for royalties, license fees, or some other form of compensation
Indicate whether the statement is true or false
Metro Museum has different admission prices for students, adults, and seniors. All three groups are entitled to the same services. This form of pricing is called ________ pricing
A) time-based B) location-based C) customer-segment D) by-product E) product form
Assume cash paid to suppliers for the current year is $350,000, merchandise inventory increased by $5,000 during the year, and accounts payable decreased by $10,000 during the year. What was the cost of goods sold for the current year?
a. $335,000 b. $345,000 c. $355,000 d. $365,000