Secondary data are data collected for some purpose other than the problem at hand
Indicate whether the statement is true or false
TRUE
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Marta works at a bank. For the first couple of months she struggled to learn the protocol, which is used in any decision making process in the organization. Now that she is confident with the protocol, she can very quickly apply it. This is known as using which path for structuration?
A. unitary path B. complex cyclic path C. solution-orientation path D. virtual path
A firm uses both direct selling, as well as department store formats to sell its cosmetic products. This illustrates _____
a. an independent vertical marketing system b. a partially integrated vertical marketing system c. a fully integrated vertical marketing system d. multi-channel retailing
Why are good communication plans essential?
a. It encourages people to conquer their fear of public speaking b. It is easy to convince employees that they’ve been heard, so it’s a big return on an investment c. Most everyone in the organization has the same general idea of the change but needs additional details d. It minimizes rumors and helps mobilize support
A firm has just ended its calendar year making a sale in the amount of $150,000 of merchandise purchased during the year at a total cost of $112,500
Although the firm paid in full for the merchandise during the year, it is yet to collect at year end from the customer. The net profit and cash flow from this sale for the year are ________. A) $0 and $150,000, respectively B) $37,500 and -$150,000, respectively C) $37,500 and -$112,500, respectively D) $150,000 and $112,500, respectively