Which of the following best describes the sales organization structure where the sales force sells all products marketed by a division to a single market?
A) product/product system
B) market/market system
C) product/market system
D) product/customer system
C
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To gain assurance that all inventory items in an entity's inventory listing schedule are valid, an auditor most likely would trace:
A. inventory tags noted during the auditor's observation to items listed in receiving reports and vendors' invoices. B. items listed in the inventory listing schedule to inventory tags and the count sheets. C. inventory tags noted during the auditor's observation to items listed in the inventory listing schedule. D. items listed in receiving reports and vendors' invoices to the inventory listing schedule.
A conflict of interest occurs when:
a. an employer knows of an employee's interest in a business deal or negotiation. b. an employee has an economic or personal interest in a transaction that adversely affects the company. c. employees offer, give, receive or solicit anything of value in order to influence an official act. d. employees demand payments from vendors for deciding in the vendors' favor.
________ prohibits contracts, agreements, and conspiracies that restrain interstate or international trade
A. Section 2 of the Taft-Hartley Act B. Section 2(a) of the Robinson-Patman Act C. Section 4 of the Clayton Act D. Section 1 of the Sherman Act
Dewayne sold a space heater to Vivian, telling her it would heat a 200-square-foot area, even though he knew it would effectively heat only about one third of that space. Dewayne is liable for the intentional tort of fraud
Indicate whether the statement is true or false