Automated Retailing

question 15

Multiple Choice

Automated retailing:

• A)is most effective in high traffic areas.
• B)is based on the idea that social relationships influence buying habits.
• C)uses a master distributor as lead salesperson.
• D)is a recruiting tool for multilevel networks.

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Definitions:

Dividends

Funds distributed by a company to its shareholders, typically from earnings.

Retained Earnings

Profits that a company has kept or retained rather than distributed to shareholders as dividends, which may be reinvested in the business.

Fiscal Year

A financial year used for accounting purposes, which in many countries is different from the calendar year.

Statement of Cash Flows

A report presenting the impact of variations in balance sheet positions and income on cash and cash equivalents, divided into operations, investments, and finance activities.