Activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as:
A. Direct activities.
B. Indirect activities.
C. Operating activities.
D. Investing activities.
E. Financing activities.
Answer: C
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When you're providing details in the body of routine or positive message,
A) include a checklist of questions for the reader to consider. B) identify potential flaws in service. C) be complementary. D) maintain the supportive tone that you established in the introduction. E) explain the consequences of not achieving your goal in writing.
Which component of active listening involves looking for nonverbal cues, such as eye contact, poor posture, and tone of voice?
A. sensing B. responding C. reasoning D. processing
Answer the following statements true (T) or false (F)
1. In most organizations, managers are often rewarded based on how well they meet the budget. 2. A production cost report cannot be used for the pricing of products because it depicts only the ways to control product costs. 3. A production cost report can help managers identify the most profitable products. 4. A production cost report helps managers identify the costs that can be reduced in the production process. 5. A production cost report provides inventory and cost of goods sold data that are needed for the balance sheet.
A supermarket places its store brand of blackberry jam priced at $5 per jar in the fruit preserves aisle, alongside the jam jars of a better known brand—whose products are priced at $8 apiece
Store managers reason that customers are more likely to choose the store brand instead of the better-known brand when they realize the price difference. What price adjustment strategy is evident in the supermarket's reasoning? A) by-product pricing B) product bundle pricing C) captive product pricing D) psychological pricing E) seasonal pricing