Spreading fixed costs over a large volume results in a cost-savings phenomenon referred to as:
A. volume synergies.
B. economies of scale.
C. captured savings.
D. size effects.
E. location economies.
B
Business
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Advertising researchers want to understand the latest trends in fashion. The best consumer-oriented research method to use would be a(n):
A) product-specific research approach B) psychological approach C) sociological approach D) anthropological approach
Business
Which group of independent intermediaries can be divided into the two broad types of full-service and limited-service?
A) brokers B) agents C) sales branches D) specialty wholesalers E) merchant wholesalers
Business