A wholesaler buys plastic lamps for $18 each and sells them for $30.60. What is the percent markup based on cost?

What will be an ideal response?


70%

Business

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The trading-area segment from which a retailer draws customers from the longest distances is the _____ trading area

a. secondary b. satellite c. fringe d. primary

Business

Compare the following statements to determine which one accurately describes the impact NAFTA has had on U.S. farmers.

A. Because they have been able to ship and sell their produce to other countries, NAFTA has given farmers the opportunity to expand their business and increase profits. B. Because of the negative view of NAFTA in other countries, U.S. farmers have found a difficult time getting their products shipped into those countries. C. Because of the heavy regulations imposed on exports, farmers have avoided exporting goods to participating NAFTA countries. D. Even though NAFTA has relaxed trade restrictions, farmers have been reluctant to ship products into other countries for fear of improper storage and/or contamination of their product. E. Even though farmers can now ship and sell their products to other countries, the fees imposed for doing so have not allowed farmers to generate any profit.

Business

____ are a meeting format that costs little and is easy to set up, but they may lead to distractions when people multitask or forget to use the mute button

A) Videoconferences B) Online meetings C) Face-to-Face meetings D) Conference calls E) Smartphone apps

Business

The textbook offers several research-based guidelines on the effective design and use of online recruitment strategies. Please list five of the suggestions offered in the textbook.

What will be an ideal response?

Business