Which of the following types of research is NOT done on a continuous basis?

A. Social media
B. Customer panels
C. Complaint solicitation
D. Lost customer research
E. Relationship surveys


Answer: E

Business

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Bayer AG agreed to pay $46 million as part of a law settlement for conspiring with Archer-Daniels-Midland (ADM) to keep prices of citric acid at a certain level. These two international companies were guilty of ________

A) price lining B) skimming pricing C) predatory pricing D) price-fixing E) placebo pricing

Business

Global Engineering's actual operating income for the current year is $56,000

The flexible budget operating income for actual sales volume is $51,000, while the static budget operating income is $54,000. What is the sales volume variance for operating income? A) $3,000 favorable B) $2,000 unfavorable C) $3,000 unfavorable D) $2,000 favorable

Business

It's oversimplified to classify retailers and their strategies on the basis of a single characteristic-such as sales volume, services, product assortment, etc.

Answer the following statement true (T) or false (F)

Business

A brokerage account that lets you borrow is known as a

A) margin account. B) cash account. C) trading account. D) options account.

Business