The two originators of the Common Market idea were both from ____________.
a. France
b. Belgium
c. Germany
d. Italy
Ans: a. France
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Why is the use of the U.S. dollar as a unit of measure for financial statement data in the U.S. widely accepted?
a. U.S. dollar remains stable over a long period of time. b. U.S. dollar is universally recognized as a reliable financial measure. c. U.S. dollar is the medium of monetary exchange in the U.S. d. U.S. dollar is required for financial statement presentation by the FASB and SEC.
Kahn Corporation (a multi-product company) produces and sells 8,000 units of Product X each year. Each unit of Product X sells for $10 and has a contribution margin of $6. If Product X is discontinued, $50,000 of the $60,000 in annual fixed costs charged to Product X could be eliminated. The annual financial advantage (disadvantage) for the company of eliminating this product should be:
A. ($2,000) B. $2,000 C. $12,000 D. ($12,000)
________ rely on a variety of supplier relationships to provide services on demand
Fill in the blanks with correct word
The fact that marketing and advertising people have backgrounds and interests that are often quite different from consumers who comprise mass markets for many products and services makes it difficult to establish
A. a common ground. B. fields of experience. C. an encoding process. D. response hierarchies. E. conditioned perceptions.