The high ease of entry into retailing _____
a. generates a great deal of competition for new and existing retailers
b. means that investment per worker in retailing is generally higher than for most manufacturers
c. contributes to low new-retailer failure rates
d. is due to complex licensing provisions for many retailers
a
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Seacrest Corp. makes equipment for moving and stacking merchandise in warehouses. It would like to reduce its employee turnover and offer some incentive to sell more volume. The company is considering various pay plans. What should it use?
a. a combination system b. a percentage of sales without salary c. a straight commission system d. an hourly wage
A firm's ________ describe(s) the ways in which it makes money
A) proceeds account B) break-even analysis C) revenue streams D) cash flow E) income statement