Sunny Florist is a flower shop that has recently moved to a new, larger location. At this new location, it has been unable to attract sufficient customers. Bonita Cho, its owner, does not have the cash to pay the current loan installment due on the building and inventory. Cho has decided to reduce all merchandise prices by at least 50 percent for a weekend sale so she can at least make her loan payment. Her pricing objective can be classified as which of the following?

a. satisfactory profits
b. asset maximization
c. sales maximization
d. market share maximization

Ans: c. sales maximization

Business

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Which one of the following items of evaluation would Susan score the highest on?

Susan has always maintained an excellent credit rating over the years. She has an annual income of $63,000, has lived at her current residence thirteen years, and has worked at the same job for eight years. Susan works in a clerical position, has two credit cards and maintains two bank accounts. Susan is very conservative and has all of her savings ($12,000) in a NOW account at her local bank. One of her credit cards has a balance of $550 and has an APR of 23%. Susan has been making monthly minimum payments on the credit card. Out of curiosity she would like to know how her credit card companies judge her creditworthiness and what she can do to improve her financial situation. A) Employment history B) Annual income C) Length of residence D) None of the above

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Which of the following reflects the apostle Paul's views of work and economic gain?

A) Economic abundance is a sign of sinful gain. B) People should be content with their level of economic attainment. C) Wealth gained through honest labor will always produce contentment. D) A person's wealth can be equated with his or her worth in God's sight. E) Humans can only attain salvation through poverty.

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