Long-term Equity AnticiPation Securities (LEAPS) are a form of option that gives the holder the right to buy newly issued shares of stock directly from the issuing corporation

A marketer who has unit costs of $16 and wants to earn a 20 percent markup on sales would charge a markup price of $20

Indicate whether the statement is true or false

Which of the following statements about retail store personnel is true?

A) The presence of knowledgeable sales personnel is generally unimportant to shoppers. B) Shoppers tend to rate the quality of service they receive from sales personnel as low. C) The turnover rate among sales personnel is low. D) Superior customer service is rarely seen as a competitive advantage. E) Store personnel are unrelated to a store's image.