When Consumers Do Not Know Where to Buy a Product

question 103

Multiple Choice

When consumers do not know where to buy a product or what it costs and the product's producer does not know where its target market is located,we say there is a

• A)separation of information.
• B)discrepancy of quantity.
• C)separation of ownership.
• D)discrepancy of assortment.
• E)separation in time.

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Definitions:

Accounts Payable Turnover

A financial ratio that measures the rate at which a company pays off its suppliers by dividing total purchases by average accounts payable for the period.

Cash Surplus

A situation where a business or individual's income exceeds its expenditures, resulting in available cash for saving or spending.

Cash Balance

The amount of cash that a company or individual has on hand at any given time.

Minimum Cash Balance

Minimum Cash Balance is the least amount of cash a company aims to hold in its register or account to meet emergency needs or unforeseen expenses.