The ________ is a way to categorize retail operations by the conditions they face at different points in their existence
A) product life cycle
B) retail life cycle
C) pyramid scheme
D) merchandise mix
E) retail placement theory
B
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Benefits for factoring accounts receivable include all of the following, except:
a. the firm has shifted the risk of nonpayment to the factor. b. the firm selling its accounts receivable receives needed cash immediately. c. the factor makes a profit that is the difference between the face value of the accounts receivable and the amount the factor has paid for them. d. the firm has shifted the task of collecting payment to the factor. e. the firm selling its accounts receivable gets more than face value.
Microsoft's gaming console is marketed to the gaming community predominantly composed of
teenagers and college kids. Nintendo's gaming console, however, is intended for use by entire families, from grandparents to school-going children. Therefore, Nintendo and Microsoft are said to belong to different ________. A) markets B) categories C) standards D) industries