Which of the following is a recommendation statement for a business report?

• A.The network is not functioning correctly.
• B.All employees should receive formal training on the network.
• C.Employees lack the confidence to use the network.
• D.Over half of the employees could not complete an evaluation of the network.

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Which of the following is an example of place utility?

• A.Arrangements are made for the transfer of title from seller to buyer.
• B.Goods or services are available at a convenient location when the consumer wants to buy them.
• C.Products requested by the consumer are ordered on demand.
• D.A business firm converts raw materials into finished products.

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Of the following, the factor generally considered to be the most important in determining the success of a typical convenience store is

• A.promotional programs
• B.store site
• C.analysis of distribution
• D.pricing analysis

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Which of the following is a primary purpose of financial markets?

• A.Allocating capital efficiently
• B.Controlling inflation
• C.Increasing the price of common stock
• D.Lowering the yield on bonds

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Company A is the category leader in the orange juice industry and produces Product A at $3.00 per unit.
Company B is the second category leader in the industry and produces Product B at $2.70 per unit. Because an early frost affected the orange crop, Company A raised the price of Product A to $4.00 per unit. Company B subsequently raised the price of Product B to $3.60 per unit. Which of the following pricing strategies is Company B using for Product B?

• A.Pure parity
• B.Dynamic parity
• C.Premium pricing
• D.Discount pricing

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