Which vertical marketing system is involved when one channel member performs all production and distribution functions?
a. fully integrated vertical marketing system
b. partially integrated vertical marketing system
c. independent vertical marketing system
d. franchising
Answer: a. fully integrated vertical marketing system
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Discuss the various goals of the antitrust statutes
What will be an ideal response?
Gerhardt is the president of the Pacer Bicycle Company. He also serves as a director of the Flexible Tire Company. It occurs to Gerhardt that both companies could benefit from a contract in which Flexible agrees to supply Pacer with tires for its bicycles. If Gerhardt wishes to negotiate a contract between Pacer and Flexible, which of the following is correct?
a. The contract will be void as a conflict of interest. b. Under the RMBCA, the contract is permitted if it is fair and reasonable to both corporations, or Gerhardt fully discloses all information relating to the transaction and the contract is approved by either the board of disinterested directors or the shareholders. c. The contract is a clear conflict of interest and will be avoidable by either company even with disclosure. d. Both the contract will be void as a conflict of interest and the contract is a clear conflict of interest and will be avoidable by either company even with disclosure.
?When will a firm's degree of operating leverage be at its highest level?
A. ?When sales is equal to zero B. ?When earnings per share is equal to one C. ?When fixed costs are equal to variable costs D. ?When variable costs are more than sales E. ?When EBIT is equal to zero
Which of the following decisions is supported by a financial information system (FIS)?
A) Determining portfolio structures B) Choosing the best job candidate C) Improving routing and delivery schedules D) Analyzing sales personnel