Exam 3: Financing Your Business and Accounting Practices

Merchant wholesalers are further classified as full-service,limited-function,drop shippers,truck wholesalers,and rack jobbers.

Survey research is the most widely used method of primary data collection.

All of the following are external factors which might affect your sales,except:

A personal sales person's primary function is informing customers about the nature of the offering and the value and benefits of using the product or service.

Perhaps the best way to get the most current and useful information regarding your potential market is through:

All of the following are internal factors which might affect your sales,except:

Secondary data is far less expensive for a firm to collect than is primary data.

Which of the following promotional activities offers the greatest ability to focus on the target customer?

All of the following are forms of non store retailing,except:

Which of the following promotional activities has the highest level of credibility?

In the model for small business growth,the key issue in the maturity stage is:

Which of the following promotional activities is weakest in terms of the ability to focus on the target customer?

All of the following are likely uses for your prototype,except:

A fully developed concept includes all of the following,except:

_______ gives you a method of moving inventories that you may otherwise have to carry over to the following year.

In the model for small business growth,the key issue in the survival stage is:

_________ permit customers to deduct a percentage amount from the net cost of their purchases if payment is made in cash at the time of purchase or full payment is made within a specified number of days.

Describe the primary issues faced by manufacturing firms in the selection of a location for their facilities.

Cloud computing is an example of a product that is:

The market research process involves two basic steps: gather information and then interpret it.