A product is defined as a business product rather than a consumer good on the basis of its:
A. intended use
B. physical characteristics
C. price
D. distribution method
E. tangible attributes
Answer: A
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Discuss Kurt Lewin’s findings regarding basic leadership styles.
What will be an ideal response?
Clearwater Hampers is a small British company that sells luxury food and drinks in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business as well as are a number of department stores. Clearwater has had several orders for more than a quarter of a million dollars and prides itself on how much repeat business it does. The company's leading salesperson, Peter Austin, is placed in charge of an important territory divided on the basis of geography and sales potential. He classifies his customers according to the size of their average orders.The product handled by Austin has an average gross profit percentage of
25%. Austin's annual salary and expenses total $200,000. Austin works 8 hours a day, 5 days a week, and 40 weeks in a year. What is Austin's break-even volume per hour? A. $500.00 B. $265.00 C. $100.00 D. $150.00
VMI ______.
A. stands for vendor-managed inventory B. is a process in which inventory is completely eliminated C. incorporates the push concept D. makes it easier to meet quality control requirements
Use Scenario 12.2 to answer the question. Determine the ranges for which each alternative is preferable from a total cost standpoint
What will be an ideal response?