The Boat and Ski Shop, a small retail boat shop, would most likely rely on which of the following methods to finance its inventory?
a. Discounted installment contracts
b. Floor planning
c. Installment loans
d. Trade credit
Answer: b. Floor planning
Business
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Using ________, a company modifies a basic good or service to meet the needs of a specific individual customer
A) undifferentiated targeting B) positioning C) customized marketing D) mass customization E) differentiated targeting
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A(n) ________ is an equitable doctrine whereby a court may award monetary damages to a plaintiff for providing work or services to a defendant even though no actual contract existed
A) bilateral contract B) unilateral contract C) implied-in-fact contract D) quasi contract
Business