The good-faith rule presumes that ________
A) corporate officers, directors, and agents will not take personal advantage of an opportunity that, in all fairness, should have belonged to the corporation
B) buyback programs prevent stock options and the new shares resulting from the exercise of options from diluting stock prices and earnings per share
C) officers and directors will exercise their duties in a manner they reasonably believe to be in the best interests of the corporation
D) the valuation of the property or services given as consideration for the stock is fair as long as it is honestly made
D
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In the beginning of a group sales presentation, a salesperson should:
A. ignore the group's behavioral style. B. give quality assurances and qualifications. C. provide every member of the group with a customer profile. D. summarize the marketing plan. E. explain how the FAB formula will be used in the presentation.
The first step in the business buying decision process is ________
A) recognize the problem B) current vendor analysis C) search for information D) select the supplier E) evaluate the alternatives
The variable cost per unit increases in direct proportion to the activity base.
Answer the following statement true (T) or false (F)
Nike, the prominent athletic shoe manufacturer, relies heavily on athlete sponsorships to build demand for its products. Spectators at major sporting events-both those attending in person and those watching at home-frequently see the Nike "swoosh" logo worn by elite athletes. Given the vast worldwide audience for Olympics broadcasts, an Olympic year gives Nike increased exposure. On a Nike situation analysis in an Olympic year, would you consider this exposure to be a strength or an opportunity? Explain your reasoning; be specific.
What will be an ideal response?