Which of the Following Statements Regarding the Level of Demand

question 18

Multiple Choice

Which of the following statements regarding the level of demand for the goods sold or services provided by companies is ?

• A) If a client's products or services are seasonal, this will affect revenue flow
• B) If a client operates in an industry subject to changing trends, the client does not risk inventory obsolescence
• C) If a client's products or services are seasonal, this will not affect revenue flow
• D) When a product or process is subject to technological change, there is never a risk that the client will be left behind by its competitors

Comprehend the strategic reasons behind retail format choices based on product assortment, target market, and competitive advantages.

Analyze the impact of external factors such as postal service changes and environmental concerns on retail formats.

Appreciate the importance of creating customer value and convenience through various retail formats and channels.

Explore the role of technology in transforming traditional and nonstore retailing, including payment methods and sales tactics.

---

Definitions:

Salvage Value

An asset's expected retainable value at the end of its beneficial life.

Invoice Cost

The total cost shown on an invoice, comprising the purchase price of goods/services, along with taxes, shipping, and any other fees.

Straight-Line Method

A method of calculating depreciation of an asset, which evenly spreads the cost over its useful life.

Salvage Value

The estimated resale value of an asset at the end of its useful life, used in calculating depreciation expenses.