________ retailers primarily offer mechanical or human efforts, rather than merchandise to consumers.

A. Benefit
B. Specialty
C. Services
D. Personal
E. Private


Answer: C

Business

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__________ involves assigning dedicated personnel within a particular functional area of the business.

Fill in the blank(s) with the appropriate word(s).

Business

In the following diagram, which of the following provides the best interpretation of the multiplicities for the association between the cash disbursements and employees classes?

A. Each cash disbursement must be made by one employee. B. A cash disbursement can be made by a combination of several employees. C. An employee can make a maximum of one cash disbursement. D. A cash disbursement must be made by the employee who made the purchase.

Business

What is the customer lifetime value of a customer that that generates $5,000 (on average) of annual sales? Assume an 8% discount rate, a 15% profit margin, and a customer expected lifetime of 8 years.

a. Less than $2,000 b. Between $2,000 and $3,000 c. Between $3,000 and $4,000 d. More than $4,000

Business

The ________ is a federal statute that prohibits age discrimination regarding employee benefits.

A. FEPA B. OWBPA C. ADEA D. EEOC

Business