Describe the major differences in preparing the financial statements for a service business and a merchandising business.

Which of the following includes only intangible assets?

A) Natural resources,patents,and trademarks.
B) Research and development costs,franchises,and trademarks.
C) Copyrights,licenses,and land.
D) Trademarks,patents,and copyrights.

Imagine workers who are underpaid on an hourly basis.According to equity theory, if these people remain employed their productivity will be ________.

Swing shift
Your firm prints the novelty baseball cards that candy makers include in their bubblegum.Since you regularly sell 100,000 cards per week,you invested in four separate production lines that can each produce 25,000 cards in a standard 40 hour work week.Now a few of the candy makers are increasing their orders so that you will need to produce 150,000 cards per week,at least temporarily.If you produce these cards by adding a swing shift from 4pm to midnight,you will have to pay workers time and a half.What does this imply for the shape of your short-run marginal cost curve? What does it imply for your pricing?

The key employee attitudes are flexibility,citizenship,and individual goal commitment.

One example of a customer loyalty program is

A) a "frequent diner" restaurant card that offers a free appetizer for every $100 spent.
B) a quantity discount offered for large purchases at an office supply store.
C) access to seasonal sales on top-selling items.
D) an "everyday low price" policy on all products at a grocery store.
E) an extensive customer service training program.