Which of the following is a line of credit for which a customer pays a commitment fee and is then allowed to use the funds when they are needed?

• A.Installment credit
• B.Revolving credit
• C.Service credit
• D.Trade credit

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Which of the following is a primary characteristic of successful entrepreneurs?

• A.Strong desire for isolation
• B.Flexible code of ethics
• C.Willingness to fail
• D.Reluctance to change

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Karl's Cleaners has been successful in selling spray kitchen cleaners and disinfectants. The company will soon be introducing a new product called Karl's Sponges. Which of the following marketing strategies is Karl' s Cleaners most likely using?

• A.Co-branding
• B.Brand licensing
• C.Brand extension
• D.Brand insistence

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Which of the following best illustrates a progressive tax system?

• A.All taxpayers pay the same percentage of their income in taxes, with those who have higher incomes paying more in taxes.
• B.Taxpayers pay taxes based on income brackets, with the percentage of taxes paid on income increasing as the taxpayer moves to a higher bracket.
• C.Taxpayers pay a flat percentage tax based on the total value of their real estate holdings.
• D.Taxpayers pay a flat percentage tax on sales, so that those who spend more pay more in taxes.

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Which of the following is the best method to emphasize the value of customer service within a company?

• A.Focusing attention on poor examples of customer service
• B.Requiring employees to wear clothing that has the company logo
• C.Rewarding examples of excellence in customer service
• D.Using interactive activities to acclimate new company employees

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