Purchasing goods and services for business purposes can alternatively be referred to as _______.
a. retail buying
b. service buying
c. commercial buying
d. commercial selling
c. commercial buying
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Explain three variables a firm should consider when analyzing potential threats posed by competitors
What will be an ideal response?
Why are category specialists sometimes called category killers?
A. They have a broad merchandise mix and shallow assortment. B. They carry mainly technologically obsolete merchandise. C. They are located at stand-alone sites. D. They are often located close to full-line discount stores and discount stores that offer a deep assortment of merchandise. E. They can dominate a category of merchandise making it difficult for other retailers to compete.
Generalizations are greatly influenced by the:
A) population error B) population means C) population percentages D) preponderance of evidence E) clients intolerance for risk
There are two parts to? FICA:
A) old age benefits and workers' compensation. B) retirement and income tax withholdings. C) OASDI and Medicare. D) defined pension and Medicare.