In the percentage-of-sales method of budgeting for advertising, industry data or the retailer's past experience should be used to determine suitable levels of expenditures.
Indicate whether the statement is true or false
Question 2
Which of the following is true about a retailing career?
a. Since retailing is so diverse, all individuals are suited for a retail career.
b. A career in retailing is limited to those living in densely populated areas.
c. Starting salaries are higher in retailing than in most other careers.
d. The potential for retail career advancement is high.
e. Nationally, the number of careers in retailing is expected to decline over the next decade.
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