Boards of advisors are composed of key employees who advise a firm.

Answer the following statement true (T) or false (F)


False

Boards of advisors are composed of individuals outside a business who advise the firm.

Business

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A manufacturer is using legitimate power when it ________

A) requests a behavior that is warranted under the selling contract B) threatens to withdraw a resource or terminate a relationship C) offers intermediaries an extra benefit for performing specific acts or functions D) makes the intermediaries sell more of a particular product by offering rewards E) sells more products by making use of its reputation in the market

Business

Shelf facings are defined as:

A. the physical placement of the product within the retail store. B. the number of individual point-of-purchase displays placed within a retail store. C. the number of individual products placed beside each other on the retailer's shelf. D. the number of individual products placed beside each on the shelf. E. the actual potential inventory size of a retail outlet.

Business

?To implement the marketing concept, an organization must first establish an information system to discover customers' real needs and then use the information to create products to satisfy those needs.

Answer the following statement true (T) or false (F)

Business

Garden Tool Company makes chain saws. Hadrian is injured while using a Garden saw and sues the company for product liability based on neg-ligence. To win, Hadrian must show that A) Garden did not use due care with respect to the trimmer

B) ?Garden used puffery in its advertising. C) Hadrian was not experienced in the use of trimmers. D) Hadrian was in privity with Garden.

Business