Which of the following is not an appropriate guideline for companies selecting independent distributors in international markets?
A) Select distributors; don't let them select you.
B) Look for distributors capable of developing markets.
C) Give local distributors control over marketing strategy.
D) Treat local distributors as long-term partners.
E) All of the above are appropriate guidelines.
C
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Which of the following statements regarding inflation and accounting is false?
a. The SEC requires U.S. companies to present supplemental financial information adjusted for the effects of inflation. b. Instability of the measuring unit that is the currency occurs in countries with rampant inflation. c. In some in Latin American and South American countries, companies have been required to adjust their financial statements to take into account the effects of inflation. d. The FASB developed rules for companies in the United States to use to adjust for inflation.
Which of the following is a disadvantage of working in a team?
A) Limited knowledge B) Diversity of views C) Limited acceptance of a solution D) Lower performance levels E) Cost
Wholesalers and retailers purchase large quantities of goods from manufacturers but sell only one or a few at a time to many different customers. This process is called ________
A) creating assortments B) breaking bulk C) third-party logistics D) order processing E) inventory control
Examples of revenue accounts include all of the following except:
a. Delivery Fees. b. Wages. c. Professional Fees. d. Sales. e. Medical Fees.