Mid-year Exam_SOPH_2016.2017 part 3

The amount of work a person can do in a specific amount of time is

Value added when it becomes easier for a customer to acquire a product.

If an action is legal,it is always ethical

Rent is an example of a fixed expense

Which is not an example of a sales promotion?

Dynamic activities that identify,anticipate,and satisfy customer demand while making a profit

The percentage of total sales in a market that is held by one business

Internet access provided by the company can be used for business and personal purposes

A Full-time Salaried employee with hourly rate of $20 would earn $640 if they worked 32 hours

The money owed to a business by its customer is known as

Which of the following is not a reason for limiting store access?

The process of dividing a larger market into smaller groups is

The specific group of customers whose needs a company will focus on satisfying is

An expense that changes monthly is known a

Which of the following is a form of publicity?

The principles of right and wrong that guide an individual in making decisions

All of the tools and machinery used to produce goods or provide services is

The business market of businesses selling primarily to other businesses.

Wages paid to employees are known as

Economic input is all the goods and services produced by an economic system during a specific time.

A business that performs an activity for a fee

The main federal agency that enforces advertising laws and regulations is

A person who buys products or services and also uses them is a

A business owned by one person

An accident management program should consist of