Which two terms do not go together?
a. open listing - several brokers
b. dual agency - written disclosure
c. exclusive right to sell - unlimited time
d. offer - acceptance
Answer: c. exclusive right to sell - unlimited time
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Which one of the following will increase the maximum rate of growth a corporation can achieve?
A. avoidance of external equity financing B. increase in corporate tax rates C. reduction in the retention ratio D. decrease in the dividend payout ratio E. decrease in sales given a positive profit margin
Jenna Fountaina is a famous pop singer who has sold over 10 million copies of her hits and
enjoys a huge fanbase in the U.S. She has recently introduced her own line of fragrances and clothing, which she has designed herself. She hopes the fragrance and clothing lines will appeal to her teenage fans. Which of the following market growth strategies is Jenna employing in this case? A) market penetration B) product development C) market development D) diversification