During the ________ stage of the product life cycle, sales peak and profits begin to decline as competition becomes intense.

A. introduction
B. leveling
C. decline
D. maturity
E. growth


Answer: D

Business

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An increase in the money supply is an example of a(n) ____ policy.

A. countercyclical B. procyclical C. contractionary D. expansionary

Business

Caler Corp reported the following information for 2016 and 2017. Accounts receivable, December 31, 2016 $ 67,000 Accounts receivable, December 31, 2017 63,000 Sales (all on credit)—2017 745,000 How much cash was collected from customers during 2017?

a. $741,000 b. $745,000 c. $749,000 d. $753,000

Business

A typical service desk supervisor ____.

A. works closely with senior service desk management on the service desk's budget B. focuses on long-term service desk goals C. oversees day-to-day operation of the service desk D. establishes the service desk mission

Business

Which of the following statements about undifferentiated selling is true?

A. The undifferentiated selling approach allows salespeople to streamline their pre-call preparation and thus is growing in popularity. B. The undifferentiated selling approach allows salespeople to devote time to customers in proportion to the customer's potential value. C. Many door-to-door salespeople use the undifferentiated approach. D. Undifferentiated selling cannot be used in conjunction with a stimulus-response presentation. E. The undifferentiated selling approach is only useful if customers are heterogeneous.

Business