Which of the following is true about latent markets?
A) An organization's initial success is based on its competitiveness.
B) A product has zero demand before it is offered.
C) A product's demand emerges with a particular political trend.
D) A product's demand remains incipient in a latent market.
B
Business
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Fresno Salads has current sales of $4,900 and a profit margin of 6.5 percent. The firm estimates that sales will increase by 5 percent next year and that all costs will vary in direct relationship to sales. What is the pro forma net income?
A. $303.33 B. $327.18 C. $334.43 D. $338.70 E. $341.10
Business
Foreign purchasing agents are also referred to as jobbers
Indicate whether the statement is true or false
Business