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Apm Questions with complete solution 2024/2025
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Apm Questions with complete solution 2024/2025 Apm What is a firm's percentage of the total sales volume generated by all competitors in a given market? - correct answer market share How does most price planning begin? - correct answer cost and expense analysis What does the law of di...

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  • October 3, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • apm
  • apm questions with complete solution

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Apm
What is a firm's percentage of the total sales volume generated by all
competitors in a given market? - correct answer ✔market share


How does most price planning begin? - correct answer ✔cost and expense
analysis


What does the law of diminishing marginal utility state? - correct answer
✔Consumers will buy only a certain amount of a product even though its price
is low.


What is the most likely channel of distribution used by manufacturers of
flowers and candy and stationery - correct answer ✔Manufacturer to
wholesaler to retailer to consumer


What is the difference between recorded sales and inventory based on
physical count - correct answer ✔stock shortage


Purchasing manager does not review the master production schedule -
correct answer ✔False


arabesque dancewear store had 67000 in sales during January and its BOM
stock inventory was 135,000. What is it's stock to sale ratio - correct answer
✔2


A shipment containing computer monitors and disk drives arrives at a store
later than expected and without an invoice the sales people needed to have
the merchandise on the floor quickly in anticipation of the big weekend sale

, what method should be used to enter quick and accurate merchandise
checking - correct answer ✔Blind check method


What type of pricing strategy it is every day low pricing - correct answer
✔Psychological pricing


Discount can stimulate business for a company and can encourage quick
payments - correct answer ✔False


What checking method is les susceptible to errors if receivers do not
physically count the total number of items in a shipment - correct answer
✔Direct check


Skaters world wants to reduce his planned reductions by 5% from last year's
figure of 700 what would be the plan reduction amount for this year - correct
answer ✔665


Intermodal transportation combines two or more transportation modes to
maximize the advantage of each - correct answer ✔True


Retailers who are in business in state with minimum price laws are prohibited
from using the loss leader technique to attract customers - correct answer
✔True


Very little price changes will be made for products introduced with skimming
prices. - correct answer ✔False


The Robinson Pat man act of 1975 prohibits the practice of punishing retailers
- correct answer ✔False

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