Jim Smith Is an Avid Fly Fisherman and He Needs

question 80

Multiple Choice

Jim Smith is an avid fly fisherman and he needs large rubber rafts,hip waders,special fishing rods,reels,line,and an assortment of fishing tackle and lures.There are no sporting goods stores near him so Jim orders his fishing supplies from the L.L.Bean catalog.His supplies are generally delivered to his home within 72 hours.Jim is using a ________ to satisfy his fishing supply needs.

• A)home delivery retailer
• B)quick-response retailer
• C)direct-mail marketer
• D)flexible response marketer
• E)regional marketer

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Definitions:

Cash Flow

The total sum of cash and cash-like assets moving in and out of a company.

NPV

Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Cost Of Capital

The essential yield required to justify proceeding with a capital expenditure venture, such as the erection of a new plant.

Cash Flow

The net amount of cash being transferred into and out of a business, influencing its liquidity, investment, and operational strategies.