The _____ of a service most clearly reveals the relationship between its target market strategy and its distribution strategy
a. tangibility
b. location
c. customization
d. separability
ANSWER: b
Distribution strategies for service organizations must focus on issues such as convenience, number of outlets, direct vs indirect distribution, location, and scheduling. The location of a service most clearly reveals the relationship between its target market strategy and its distribution strategy.
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An example of an analytical procedure is the comparison of:
A. financial information with similar information regarding the industry in which the entity operates. B. recorded amounts of major disbursements with appropriate invoices. C. EDP generated data with similar data generated by a manual accounting system. D. results of a statistical sample with the expected characteristics of the actual population.
________ will be award when the item in a contract dispute is unique
Fill in the blanks with correct word
Under both the UCC and the CISG, if the seller shipped nonconforming goods to the buyer:
a. the seller may not "cure" and the contract is to be rescinded. b. the seller may "cure" by delivering conforming goods, as long as the time for performance called for in the contract has not expired. c. the seller may "cure" by delivering conforming goods at any time. d. the seller may repudiate the contract for nonperformance.
In which of the following situations would the persons be partners?
A) Aisha and Brantley jointly own shares of the capital stock of a corporation, have a joint bank account, and have purchased real estate as tenants in common. They share the dividends on the stock, the interest on the bank account, and the net proceeds from the lease of the real estate. B) Aisha and Brantley buy and sell real estate continuously over a five-year period, conducting a business of trading in real estate. They do not consider themselves partners. C) Aisha, Brantley, and Chenille each inherit an undivided one-third interest in a restaurant and decide to sell it because the market is such that they are assured a good price. D) Aisha and Chenille take care of each other's children while the other is working.