Too many territories lead to salespeople fighting over the geographic boundaries
Indicate whether the statement is true or false
TRUE
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Most companies are started by individuals who live by their wits. They visualize an opportunity, take risks, and knock on every door to gain attention. Which of the following stages in marketing strategy is being illustrated here?
A) exponential marketing B) formulated marketing C) entrepreneurial marketing D) affinity marketing E) ambush marketing
If we are producing the product or component in-house, then the total inventory-related cost on an annual basis is ______.
A. the sum of total annual setup cost and total annual holding cost less the sum of total annual stock-out cost and total annual materials purchase cost B. the ratio of the sum of total annual setup cost and total annual holding cost to the sum of total annual stock-out cost and total annual materials purchase cost C. total annual setup cost + total annual holding cost + total annual stock-out cost + total annual materials purchase cost D. the product of the sum of total annual setup cost and total annual holding cost to the sum of total annual stock-out cost and total annual materials purchase cost
Ryan, a minor, contracted to sell his auto to Ed, a 28-year-old. Ryan later refused to complete the sale. If Ed sues to enforce the contract, Ed will
a. win because Ryan was the seller. b. win because minors can only avoid contracts for the sale of land. c. lose, as the contract is void. d. lose, because the contract is voidable by Ryan.
Peter was a salesman for a retail shoe store, Soles Inc He was bored with the job and decided to quit and so he gave his boss a letter stating that he would be leaving in 2 weeks. His boss was angry and fired him on the spot that day
As a result Peter A) is liable for wrongful resignation B) can successfully sue Soles Inc. for wrongful dismissal C) should have only given one weeks' notice D) can successfully sue for constructive dismissal E) cannot work for another shoe store for at least 2 weeks