Purchasing managers can be held personally liable for their damaging and or illegal activities if they perform them without the authority of their firm

Indicate whether the statement is true or false


true

Business

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Companies sometimes initiate price cuts in an attempt to dominate the market through lower costs

Indicate whether the statement is true or false

Business

Thomas works for a breakfast cereal manufacturing company. His main job is to convince grocery wholesalers to distribute their 10 varieties of cereal. He also develops promotional programs to help retailers sell the firm's products. This is an example of a territory manager salesperson:

A. helping customers use products after purchase. B. building trust and goodwill with customers. C. providing solutions to customer's problems. D. providing the company with market information. E. helping customers resell products to customers.

Business

Which of the following is NOT one of British Airways seven distinct air travel products?

a. Deluxe service (First Class) b. Club World (Business Class) c. Club Britain (Business Class) d. Club Europe (Business Class) e. Euro-Traveler (Economy Class)

Business

[The following information applies to the questions displayed below.]   A company's chart of accounts includes, in part, the following account numbers and corresponding account titles:Account No.Account Title(1)Cash(2)Merchandise inventory(3)Cost of goods sold(4)Transportation-out(5)Dividends(6)Common stock(7)Selling expense(8)Loss on the sale of land(9)SalesWhich accounts would appear on the income statement?

A. Account numbers 2, 3, 7, 8, and 9 B. Account numbers 3, 4, 7, 8, and 9 C. Account numbers 3, 4, 5, 7, and 9 D. Account numbers 3, 5, 7, and 8

Business