Suppose you have a friend from India who is a lifelong vegetarian and who does not like McDonald's because the company sells hamburgers in many countries. Which of the following describes your friend?
A) "vegetarianism" represents a value, "dislike McDonald's" represents an attitude
B) "vegetarianism" represents an attitude, "dislike McDonald's" represents a value
C) "vegetarianism" and "dislike McDonald's" both represent an attitude
D) "vegetarianism" represents a value, "dislike McDonald's" represents a belief
E) "vegetarianism" and "dislike McDonald's" both represent values
A
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Both consignment purchases and memorandum purchases enable a retailer to _____
a. increase information flows b. lower insurance costs c. improve cash flow d. reduce inventory levels
Leonard wants to sell his business, but the bank will not lend the buyer enough money. Between personal savings and the bank loan, the buyer has about 70 percent of the asking price. Which of the following options would be best for Leonard in this situation?
A. Look for a different buyer B. Lower the asking price C. Retain a 30 percent ownership in the business and a seat on the advisory board D. Offer to finance the remaining 30 percent, accepting payments over the next few years
Maruska Corporation has provided the following data concerning its only product: Selling price$180per unitCurrent sales 29,800unitsBreak-even sales 25,032unitsThe margin of safety as a percentage of sales is closest to:
A. 19% B. 81% C. 16% D. 84%
James is a consultant who helps guide businesses in their growth. His current client has previously streamlined its supply chain by acquiring a few of its suppliers. This is an attempt to increase cost efficiency and control. After a few years of growth, the client's performance has plateaued. What is James likely to recommend
a. Volume increases b. Geography c. Diversification through products or business d. More integration