Many companies use more than one marketing channel to distribute their products to the same target market, a tactic called
A. multiple channeling.
B. strategic channel alliance.
C. intensive distribution.
D. multichannel distribution.
E. market splitting.
Answer: D
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Which of the following accounting conventions would an accountant most likely apply when facing major uncertainties?
a. Full disclosure b. Conservatism c. Materiality d. Consistency
Defining authentic leadership as something that grows in people over a lifetime and can be triggered by major life events is to define it as ______.
A. structural B. intrapersonal C. developmental D. charismatic
Forman Corporation extends credit to its customers to purchase appliances, furniture, and other goods. Forman Corporation could borrow from a bank using its accounts receivable as collateral, thereby placing debt on the balance sheet. Forman Corporation would then use the cash collections from the receivables to repay the bank loan with interest. Instead, Forman Corporation sells the accounts
receivable to the bank for an amount that is less than the cash the bank expects to collect from receivables purchased. The amount takes account of expected defaults, which would reduce the cash generated by the receivables. This difference between the amount paid to Forman Corporation by the bank for the receivables and the amount that the bank expects to collect from the receivables provides the bank with its expected return. Which of the following is/are true? a. Forman Corporation has no further obligation and will treat this transaction as a sale, with no incremental debt on the balance sheet and recognizing bad debt expense on the income statement. b. Forman Corporation has further obligations and will treat this transaction as a financing arrangement, recognizing bad debt expense on the income statement. c. Forman Corporation has further obligations and will treat this transaction as a financing arrangement, recognizing incremental debt on the balance sheet. d. Forman Corporation has no further obligation and will treat this transaction as a sale, with no incremental debt on the balance sheet. e. Forman Corporation has further obligations and will treat this transaction as a financing arrangement, recognizing incremental debt on the balance sheet and recognizing bad debt expense on the income statement.
In general, operations management activities are information and decision intensive
Indicate whether the statement is true or false.