Which of the Following Firms Would Be Most Likely to Use

question 168

Multiple Choice

Which of the following firms would be most likely to use a selective distribution strategy for its products?

• A) newspaper publisher
• B) maker of designer men's suits
• C) super luxury car manufacturer
• D) maker of snack foods such as potato chips and pretzels

---

Definitions:

Compounded Monthly

The process of adding interest to the principal sum of a deposit or loan, with the effect that interest is then earned on the interest from the previous period.

Compounds Interest Continuously

A method of calculating interest where the interest earned is added to the principal so that the next interest calculation is on the sum of the principal plus previously earned interest.

Compounded Continuously

The process of calculating interest in which the earnings are reinvested and earn additional interest continuously over time.

Rule Of 72s

A shortcut to estimate the number of years required to double the invested money at a given annual rate of return.