A retailer selling fine pens can be positioned as a pen specialty store, an office supply store, a stationery store, or a novelty store

Indicate whether the statement is true or false


True

Business

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In questionnaire design, assigning a code to every conceivable response before data collection is called ________

A) filtering B) branching C) precoding D) funneling E) pre-funneling

Business

Total manufacturing costs incurred during a period are transferred to the

A) Cost of Goods Sold account. B) Work in Process Inventory account. C) Finished Goods Inventory account. D) Overhead account.

Business

A company enters into a futures contract with the intent of hedging an account payable of DM350,000 due on December 31 . The contract requires that if the U.S. dollar value of DM350,000 is greater than $175,000 on December 31 . the company will be required to pay the difference. Alternatively, if the U.S. dollar value is less than $175,000, the company will receive the difference. Which of the

following statements is correct regarding this contract? a. The Deutsche mark futures contract effectively hedges against the effect of exchange rate changes on the U.S. dollar value of the Deutsche mark payable. b. The futures contract is a contract to buy Deutsche marks at a fixed price. c. The futures contract is a contract to sell Deutsche marks at a fixed price. d. The contract obligates the company to pay if the value of the U.S. dollar increases.

Business

Read the following statements and select the one that is not an advantage of a product-line extension.

A. Customers may feel loyalty to the product line. B. The new product can be advertised alongside existing products. C. The new product is certain to be accepted by the market. D. The company and brand may be easily recognized. E. Manufacturing of goods may be more efficient.

Business