What are the obligations involved in providing credit information?
Replies to requests for credit information are usually simple—just fill in the blanks and return the document. If the request does not include a form, follow a deductive plan in writing the reply: the major idea first, followed by supporting details.
When providing credit information, you have an ethical and legal obligation to yourself, the credit applicant, and the business from which credit is requested. You must be able to document any statement you make to defend yourself against a defamation charge. Thus, good advice is to stick with facts; omit any opinions. "I am sure he will pay promptly" is an opinion that should be omitted, but include the documentable fact that "His payments are always prompt."
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Read the following statements to select the choice that is not true of market segmentation.
A. Market segmentation identifies which products will be profitable and which ones are not worth pursuing. B. Market segmentation helps firms decide how to allocate their marketing resources in a way that maximizes profit. C. Market segmentation results in identifying the relatively homogenous groups of consumers to which a firm can market its products. D. Market segmentation helps firms design specific marketing strategies for the characteristics of specific segments. E. Market segmentation helps firms define the needs and wants of the customers who are most interested in buying the firm's products.
A corporation is a voluntary agreement under which two people act as co-owners of a business for profit.
Answer the following statement true (T) or false (F)
What type of products constitutes an illustration of the war of geographical indications?
a. Software b. Textiles c. Wine and liquor d. All of the above
Motivation and ________ interact to determine performance.
A. ability to work B. information resources C. organizational rank D. technology