The competitive-parity method of setting promotion budgets prevents promotion wars between companies
Indicate whether the statement is true or false
FALSE
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In recessions, the average real return to the stock market is often
A. negative. B. between 0% to 5%. C. between 5% to 10%. D. between 10% to 20%.
The objective of providing remedies for the breach of a sales contract is to:
A. encourage parties to rely on trade practices rather than express terms. B. encourage parties to rely on oral contracts rather than written contracts. C. punish or penalize the party responsible for breaching the contract. D. put the injured person in the same position as if the contract has been performed.
When an industry member is a major customer of the supplier, and the relationship (partnership) is unusually effective and mutually advantageous
A. one unfortunate outcome is that it tends to give the supply partners much enhanced bargaining power in their dealings with these industry members. B. there is a high likelihood of such partnerships reducing competitive pressures on all industry members, provided technological change in the suppliers' business is rapid and the item being supplied is a commodity. C. there is a strong likelihood such partnerships will put increased competitive pressure on those industry members who lack productive collaborative relationships with their suppliers. D. it is rare for such partnerships to have much competitive impact on those industry members not having such partnerships. E. the usual result is to reduce competitive pressures on all industry members, provided the costs of the items furnished by supply chain partners amount to 50 percent or more of total cost.
TRIPS requires every WTO member state to:
a. abide by the Berne Convention. b. abide by the Paris Convention. c. apply the national treatment principle. d. All of the above