Effects of too much capacity include all of the following except?
a. High fixed costs
b. Lower profits
c. Higher sales totals
d. Higher unit costs
c. Higher sales totals
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Under the Uniform Commercial Code, which of the following statements is true for the identification of goods to the contract?
A. It does not result from the contract description of the goods. B. It is applicable if delivery is to be made without moving the goods. C. It does not result from the actions of the seller, such as setting aside or marking the goods. D. It occurs when the parties use a negotiable document of title when the goods are being shipped.
At the home improvement store Home Fits, there is an area at the back that has one of three categories of merchandise throughout the year. From January through March, the area has organization and garage storage merchandise; from April through September, it has lawn, garden, and patio merchandise; and from October through December, it has Christmas merchandise. This special section at the store is an example of a(n)
A. gondola display. B. promotional area. C. consumer motivator. D. freestanding fixture. E. impulse product center.
Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. The social capital of a firm is based on the
A. knowledge of an individual. B. individual abilities of employees. C. relationships among the employees of the firm. D. allocation of the financial resources of the firm.
Which of the following statements is true with regard to the target market of a product?
a. The mileage a Honda Civic car gets is important to its target market. b. The mileage a Ferrari car gets is important to its target market. c. The mileage a Rolls Royce car gets is important to its target market. d. The mileage a Lamborghini car gets is important to its target market.