Which of the Following Activities Is Highly Important to Firms

question 32

Multiple Choice

Which of the following activities is highly important to firms as a strategic asset?

• A) manufacturing of parts
• B) customer service
• C) sales and distribution
• D) marketing and branding

Understand and apply the discount method to compute trade discounts and net prices.

Calculate complement rates and equivalent single discount rates.

Utilize the complement method for determining net prices.

Understand and apply rounding rules in financial calculations.

---

Definitions:

Interpreting Sentences

The cognitive process of understanding the meaning of words in written or spoken form, constructing their syntactical relationships.

Noam Chomsky

An influential linguist, philosopher, and cognitive scientist known for his theory of generative grammar and criticism of behaviorism.

Stimuli

External or internal factors that provoke a response or reaction from a biological organism or psychological system.

Hypothesis

A proposed explanation for a phenomenon, serving as a starting point for further investigation.