Happenings that cause the replacement of the owner/manager of a family business are called
a. abrupt happenings.
b. forcing events.
c. legal events.
d. unforeseen difficulties.
ANSWER: b
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Sales training is the effort put forth by an employer to provide the opportunity for the salesperson to receive job-related skills and knowledge that improve sales success.
Answer the following statement true (T) or false (F)
An agent will not be authorized to act for a principal unless he receives some consideration for the task
a. True b. False Indicate whether the statement is true or false
Select the true statement.
A. Legislation regulating marketing in many foreign countries is being eased. B. A government's attitude toward cooperation with importers has little impact on marketing to that country. C. Refusing to give payoffs and bribes in some foreign countries may put a marketer at a competitive disadvantage. D. Bribes and payoffs are considered unethical in all countries and cultures. E. Bribes and payoffs are supported by U.S. trade policies under certain conditions.
Farmers Pantry Products Inc. and Market Grocers LLC dispute a term in their contract. Because the parties have a long-standing business relationship that they would like to continue, they could settle their dispute through mediation because
A. the case will be heard by a jury. B. the dispute will eventually go to trial. C. the process is not as adversarial as litigation. D. the resolution of the dispute will be decided by an expert.