AF Customs is a high-end car manufacturer. It sells its cars to the public through only one retail outlet in the city of Zaneland. In addition to selling cars, the retail outlet also provides exceptional service to its customers. In the context of distribution strategies, AF Customs has adopted the strategy of _____.
A. intensive distribution
B. selective distribution
C. exclusive distribution
D. random distribution
Answer: C
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When a company discards machinery that is fully depreciated, this transaction would be recorded with the following entry:
a. debit Accumulated Depreciation; credit Machinery b. debit Machinery; credit Accumulated Depreciation c. debit Cash; credit Accumulated Depreciation d. debit Depreciation Expense; credit Accumulated Depreciation
The results of discontinued operations are excluded from operating income on the income statement
Indicate whether the statement is true or false
How can someone maintain credibility and goodwill while acknowledging a mistake has been made?
A) Minimize the potential damage from the mistake B) Provide a long list of reasons why the mistake was made C) Identify all those who were instrumental in supporting the bad decision D) Take responsibility for the mistake E) Send a letter of apology to all affected by the mistake
Which of the following situational communication styles is one where parties are expected to comply with the sender's message?
A. Autocratic communication style B. Participative communication style C. Laissez-faire communication style D. Consultative communication style