You own a small independent retail store in your neighborhood. You want to offer fresh seafood, milk, and bread in your store. In this case, which of the following types of wholesalers will serve you the best?
A) truck jobber
B) independent distributor
C) drop shipper
D) mail-order wholesaler
E) manufacturers' agent
A
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On September 15 Company QQQ gave guidance of $2 eps for its next (December 15) quarterly report. Today, November 15, QQQ announces a revision of the guidance to $2.25 eps. Based on this, market participants revise upwards their forecasts for next year and beyond. How should that affect QQQ's current ratio of market value to book value?
a) raises it b) reduces it c) neither
Tom likes to drink scotch whiskey. He was familiar with the Johnny Walker brand, which he purchased for around $30. When he found a bottle of Johnny Walker Black Label priced at more than $200, he was positive that it would be a much finer whiskey. For Tom, what indicated quality?
a. selective pricing b. premium pricing c. exclusive pricing d. prestige pricing