consumer questionnaires, surveys, and direct interviews are all forms of data collection used in the____function of marketing. - Information
... [Show More] management
A traditional ordering system typically begins with - The business gathering sales data and inventory information
what type of accounting method is your company using if it records sales as they happen, even if no money changes hands then? - Accrual
the bottom line on a business's profit-and-loss statement indicates - Net income
what is one of the main purposes of a business's sales budget? - To estimate income
which of the following is an example of a current trend in business: - Protecting consumer privacy
The capability of combining graphics, text, animation, and sound is a unique characteristic of ________ software programs. - Presentation
When conducting a web search, keywords entered into the query field should - Be as specific as possible
Which of the following would not prevent accidents in the workplace: - Having insufficient light
Which of the following federal agencies regulates telemarketing: - Federal Communications Commission
Managers are more likely to be able to persuade employees to follow new procedures if the managers have - Credibility
The main form of written communication within a business is - Memorandums
When writing informational messages, business employees should explain the situation and include sufficient data for the recipient to be able to - Make a decision
Employees are more likely to be able to correctly follow directions if those directions are explained in - Chronological order
Which of the following is a type of information that supervisors often communicate to employees in writing: - Company policies
Which of the following is an example of a manager being unethical when communicating with employees: - Deliberately providing insufficient information
What is the main goal of distribution? - To make sure that the right product is at the right place at the right time for purchase
Channel members' sharing inventory and order-processing information through databases and computer systems is an example of the use of technology in - Distribution
How can costumer satisfaction levels be measured in relation to the distribution process? - By establishing performance standards from the viewpoint of the customer
The term 8/10, net 30 on an invoice means that a business can take a(n) - 8% discount for payment within 10 days; full payment due in 30 days.
Why is it important for businesses to coordinate distribution with other marketing activities? - To provide customer service
Which of the following best defines the term economic services: - Productive acts that satisfy economic wants
Items that are used to produce goods and services are - Economic resources
The market price is the actual price that prevails in a market - At any particular moment
One of the results of freedom in the marketplace is that - People can buy anything they can afford that can legally be sold
In which of the following industries does government regulation trend to restrict competition: - Utilities
The form of labor speculation that involves the type of work that individuals perform in order to earn a living is known as speculation by - Trade or profession
Members of local union 999 refuse to buy products that are made by their company, Chip Rite. This is an example of - Boycotting
If total cost is $1000 with zero quantity produced with $1250 with 1000 items produced, what is the marginal cost of producing each item? - $.25 [Show Less]