Customers at Chapter One Bookstore complained about how long they had to wait while the sales clerk manually checked the books to see which ones were available in the store's inventory. The owner, therefore, decided to install a computer and database management program to manage the store's inventory. Implementing customers' feedback and using technology reduced the store's
A. research gap.
B. brand gap.
C. knowledge gap.
D. standards gap.
E. communication gap.
Answer: D
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A credit balance in Income Summary represents net loss; a debit balance represents a net income
a. True b. False Indicate whether the statement is true or false
The three forms of business entities are:
a. Government, cooperatives, and philanthropic organizations b. Financing, investing, and operating c. Sole proprietorships, partnerships, and corporations d. Wholesaler, manufacturer, and retailer
Which of the following is the biggest problem with simulated test markets?
A. They can be used only in the commercialization stage and not in the product development stage. B. They cannot be computer-generated. C. They do not always reflect actual buying behavior. D. They make it easy for competitors to "steal" one's ideas.
Answer the following statements true (T) or false (F)
Purpose is an integral part of all effective self-leaders, so it can help you attain peak performance in all aspects of your life.