ENT303
Question: Software is a set of instructions that tells the â€| what to do.
Answer: hardware
Question: The units of material to be purchased are thus, determined as: Purchases (units) = + Desired ending inventory (material) – Beginning inventory (material)
Answer: Budgeted usage
Question: This channel of distribution for goods is mostly adopted by manufacturers which wish to maintain control over their products.
Answer: industrial
Question: Personal selling and after sales service are generally more important for products.
Answer: industrial
Question: is offering more quantity of the same product at no extra cost or with a very nominal increase in the price of the larger quantity packs
Answer: Quantity-Off Offers
Question: Activity ratios assess the â€| of operations of a business.
Answer: efficiency
Question: Values used in calculating financial ratios are taken from from all of the following sources except:
Answer: profit statement
Question: A promotional … aims at accomplishing the promotion objectives in the allocated funds and within a scheduled period of time.
Answer: strategy
Question: Product Levels cn be claasified to include all of the following except:
Answer: The health Benefits
Question: Cash discounts are price reductions based on of payment.
Answer: promptness
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