Retail sales

a. usually remain stable in times of economic growth.
b. indicate general consumer spending patterns in the economy.
c. include the sales of services bought by businesses.
d. all of the above are correct

Ans: b. indicate general consumer spending patterns in the economy.

Business

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________ logistics controls the movement of products from points of production to consumers

A) Inbound B) Reverse C) Outbound D) Vertical E) Horizontal

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If a paper manufacturer merged with a printing company, it would be a:

A) Vertical merger. B) Horizontal merger. C) Product extension merger. D) Conglomerate merger. E) Market extension merger.

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