The majority of customers who stop patronizing a particular store do so because:
A) its prices are too high.
B) its quality is too low.
C) an indifferent employee treated them poorly.
D) it failed to advertise enough.
Answer: C
Business
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Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate would you earn if you bought this bond at the offer price?
A) 5.24% B) 6.93% C) 6.70% D) 7.48% E) 7.79%
Business
A major advantage of the use of strategic planning by a retailer is that _____
a. crises are anticipated and often avoided b. it focuses mostly on controllable factors c. it focuses mostly on uncontrollable factors d. inventory needs and stock on hand are balanced
Business