Capacity management is one of the ways to meet potential problems related to the ________ characteristic of services.
A. inseparability
B. perishability
C. intangibility
D. responsiveness
E. variability
Answer: B
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The ________ prohibits attempts by a business to gain monopoly power.
Fill in the blank(s) with the appropriate word(s).
Managerial accounting focuses on internal decision making
Indicate whether the statement is true or false
An advantage of the single-step income statement is that it is less complex than the multistep form
Indicate whether the statement is true or false
With the sales–productivity ratio, a retailer determines space needs by _____
a. dividing merchandise into impulse and specific intent categories b. assigning space on the basis of sales or profit per foot c. calculating the amount of floor space necessary to carry and display a proper assortment of merchandise d. assigning goods into complementary and substitute categories