Which of the following accurately lists the three elements of the motivation process?
A. directed, contented, and activated
B. maintained, directed, and activated
C. activated, directed, and energized
D. energized, directed, and maintained
D. energized, directed, and maintained
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Under the perpetual inventory system, which of the following accounts would not be used?
A) Cost of Goods Sold B) Merchandise Inventory C) Sales D) Purchases
As long as the amount collected from credit sales to a given group of customers exceeds the cost of goods sold and the other costs of serving that group of customers, including the costs of _____ accounts, the retailer will be better off selling to that group rather than losing the sales
a. delinquent b. uncollectible c. collectible d. preferred e. common
There is much discussion about saturation of fast-food franchises and the need for unconventional locations (such as schools, zoos, or U.S. naval bases) in the United States. This illustrates which retail life cycle stage?
a. introduction b. accelerated development c. maturity d. decline
Factoring receivables is beneficial to a seller for all of the following reasons except:
A. Seller avoids the cost of billing and accounting for receivables. B. May transfer the risk of bad debts to the factor. C. There are no fees for factoring. D. Allows firms to receive cash earlier. E. Passes ownership of the receivables to the factor.