How have the attitudes of marketing professionals changed in recent years?
A) They no longer treat public relations as merely an ancillary part of the marketing mix.
B) They make sure that products and services meet the desires and needs of customers.
C) They price products and services competitively.
D) They ensure that products are distributed widely.
A
Business
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A firm sells its accounts receivable to a factor at a 2% discount. If the average collection period is 1 month, determine the effective annual rate of interest on the factoring.
A) 27.43% B) 30.73% C) 29.63% D) 28.53%
Business
Which of the following types of annuity payout options guarantees, as a minimum, the payout of the entire annuity principal amount?
A) Cash refund B) Period certain C) Joint and full survivor option D) Pure life
Business