Catalogue companies are committed to selling at the prices printed in their catalogues. if a catalogue company finds its inventory of sweaters rising, what does that tell you about the demand for sweaters? was it unexpectedly high, unexpectedly low, or as expected? if the company could change the price of sweaters, would it raise the price, lower the price, or keep the price the same? given that the company cannot change the price of sweaters, consider the number of sweaters it orders each month from the company that makes its sweaters. if inventories become very high, will the catalogue company increase, decrease, or keep orders the same? given what the catalogue company does with its orders, what is likely to happen to employment and output at the sweater manufacturer? give reasons justifying your answers.

Why has the free enterprise system been modified to include some government intervention?

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u. s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.