Specialty stores are characterized by ________

A) the sale of convenience and staple items
B) narrow product lines with deep assortments
C) a wide range of products and categories
D) low prices on a wide range of goods
E) routinely purchased food products and services

B

Business

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People who take a chance on a bonanza with a very low probability of occurrence in lieu of a sure thing are:

A) risk takers. B) risk averters. C) risk calculators. D) risk predictors.

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A Japanese company that makes electronic watches exports 90 percent of its products to the United States. Which of the following will happen if the dollar strengthens against the Japanese Yen?

A) The company's watches will become less expensive in the US. B) The purchasing power of US consumers will decline. C) The company will have to reduce its number of employees. D) The company will export lesser number of watches to the US.

Business