What is the first step in the basic consumer decision process?

A. seeking more information
B. evaluating options
C. making comparisons
D. identifying motivations
E. recognizing a problem


Answer: E

Business

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Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $242,000, and a desired minimum rate of return of 15%. The residual income for Chicks is:

A) $60,500 B) $22,000 C) $77,000 D) $24,200

Business

Bond contracts generally include restrictive covenants, designed to protect the interests of the bondholders. Typical covenants restrict all of the following EXCEPT:

a. the borrowing firm's investment activities. b. the borrowing firm's ability to issue additional debt. c. the borrowing firm's dividend policy. d. the firm's hiring of management personnel.

Business

In order to retain customers over the long term in today's hyper-competitive global environment, organizations must:

A. form strategic alliances. B. continuously refine processes. C. benchmark. D. innovate.

Business

What does the International Monetary Fund (IMF) do for nations with an unfavorable balance of trade?

What will be an ideal response?

Business