A good reason for using performance indexes is to
A. find territories where actual sales are very high or low.
B. convert sales data to profit data.
C. make it easier to compare situations.
D. direct management attention to territories where the market potential is greatest.
E. None of these answers is correct.
Answer: C
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A ________ is a group of customers who are bound together by their loyalty to a retailer and the activities the retailer sponsors and undertakes.
A. target market B. customer pyramid C. frequent shopper community D. consideration set E. retail brand community
The population of Djibouti is approximately 810,179,700. To serve the communication needs of this nation, there is one Internet service provider, two AM radio stations, two FM radio stations, and one television station
There are only 8,000 telephone lines in the whole country. This is a partial description of Djibouti's ________. A) gross national product (GNP) B) business cycle C) economic infrastructure D) standard of living E) gross domestic product (GDP)
Consider a chainsaw that fails five times in 100 hours of operation. The MTBF is ______.
a. 20 hours b. 30 hours c. 40 hours d. 15 hours
Average fixed costs
A. decrease steadily as output increases. B. decline for a while as output increases and then begin to rise again. C. are less than average variable costs at all output levels. D. increase as the quantity produced increases. E. None of these answers is correct.