The two types of market exchanges are:
A. solo exchanges and functional relationships.
B. one-sided relationships and bipartisan exchanges.
C. tactical and behavioral exchanges.
D. tactical exchanges and profit relationships.
E. functional and strategic relationships.
Answer: A
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Calculate the market potential of Royston light bulbs if it has a current market demand of 150 million bulbs at a market development index of 30
A) 45 million B) 4,500 million C) 50 million D) 500 million E) 450 million
Maxwell is listening to a coworker describe a problem with a supervisor. As he listens, Maxwell is trying to put himself in his coworker’s situation and understand the real problem between the supervisor and his coworker. Maxwell is using ______ skills to complete this task.
A. technical B. interpersonal C. conceptual and design D. business
According to the service profit chain, superior internal service quality results in ________
A) lesser service value B) increased word-of-mouth sales C) reduced after-sale services D) more satisfied, loyal, and hardworking employees E) negative brand equity of newly launched products
Pluto, Inc. sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of each month, the company makes an adjusting entry to account for the tickets used during the month (ticket revenue) On March 1, the Unearned Revenue account had a credit balance of $5,000. During March, it sold 600 tickets at $40 each, and 550 tickets were used during the month. What is the balance in Unearned Revenue at the end of March?
A) credit balance of $7,000 B) debit balance of $5,000 C) credit balance of $5,000 D) debit balance of $7,000