What are the categories of business income losses? Briefly explain each
What will be an ideal response?
There are generally three categories of business income losses. Loss of income, continuing expenses, and any extra expenses. Dependent property exposures also exist. If the business is reimbursed the loss of retained earnings and all continuing expenses are paid, the business would be in the same position financially as if the loss had not occurred. Extra expenses occur when the business needs to stay in operation.
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Which of the following is a limitation of using product placement as an advertising medium?
A) high clutter B) non-captive audience C) low reach D) high costs
Impulse items are placed on the first floor while specific-intent items are located on the fourth floor. This retailer utilizes _____ product groupings
a. functional b. purchase motivation c. market segment d. storability