In a monopolistically competitive market, the retailer will be confronted with a negatively sloping demand curve.
Indicate whether the statement is true or false
Question 2In the PageRank algorithm that determines Google search results, home page links on all internal pages can increase relevance.
Indicate whether the statement is true or false
Question 3Which of the following is an example of a cash inflow?
a. Paying for merchandise
b. Rent expense
c. Utilities expense
d. Paying dividends
e. Sale of fixed assets
Question 4Good promotions help to build store traffic.
Indicate whether the statement is true or false
Question 5Retailers with several units are a stronger competitive threat because
a. they can focus all their efforts on one trade area
b. they are generally owner and family operated
c. they can spread many fixed costs over a number of stores and can achieve economies in purchasing
d. they can tailor their merchandising to one trade area in each unit
e. they can spot customer desires sooner and respond faster.
Question 6Increased state and city tobacco taxes is an example of outshopping caused by lawmakers.
Indicate whether the statement is true or false
Question 7A searcher's willingness to investigate search engine returns increases as an item drops down the return list.
Indicate whether the statement is true or false
Question 8A statement of cash flow:
a. lists all income and expenses for a given time period.
b. involves forecasting the cash value of the retailer's inventory.
c. involves forecasting the present value of accounts receivable.
d. explains the changes in cash and cash equivalents from one accounting period to the next by showing all cash inflows and all cash outflows for the given time period.
e. shows if the firm made money over a given time period.
Question 9A retailer's credit customers tend to be more loyal to the retailer than the retailer's cash customers.
Indicate whether the statement is true or false
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