At the end of February, the Hearts and Flowers store reduced the price on all of its Valentine's Day's candy by 50 percent in order to liquidate this inventory. What type of pricing strategy is being used in this example?

a. target return on investment
b. satisfactory profit
c. sales maximization
d. profit maximization

Ans: c. sales maximization

Business

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Manufacturers' ________ represent a buyer or seller on an ongoing basis, replacing the manufacturer's sales team

A) brokers B) franchisers C) agents D) retailers E) intermediaries

Business

Which of the following statements best indicates how chancery courts were different from law courts?

A) Chancery courts emphasized developing merchant laws rather than laws for the common citizen. B) Chancery courts inquired into the merits of a case rather than emphasize legal procedures. C) Chancery courts emphasized a standard set of remedies across different cases rather than provide equitable remedies. D) Chancery courts had lower precedence level over legal decisions than the law courts.

Business