Marketing issues such as advertising, image, and promotion are important to quality because:
A) they define for consumers the tangible elements of a service.
B) the intangible attributes of a product (including any accompanying service) may not be defined by the consumer.
C) they educate consumers on how to use the product.
D) they make the product seem more valuable than it really is.
E) they raise expenses and therefore decrease profitability.
B
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In which of the following is there NOT a fiduciary duty owed?
A) Officer of a corporation to the corporation B) Agent to her principal C) Director of a corporation to the corporation D) Partners to each other E) Shareholder of a corporation to the corporation
Wichasha, an African country, exports barley and cotton worth $100 million to Illema, a European country, and it imports sugarcane worth $25 million from Illema. As such, the total value of Wichasha's exports is higher than the total value of its imports. This difference between the value of Wichasha's exports and imports is known as _____.
A. a comparative advantage B. the balance of payments C. an absolute advantage D. the balance of trade
Clinton appointed DeWitt, a minor, to sell some of his lumber to Broward. Broward signed a contract with DeWitt to purchase the lumber but then refused to go through with the deal when he learned that DeWitt was a minor. May Broward refuse to go through with the transaction?
The agreement reached among and between a criminal defendant, the prosecutor, and the judge, to accept a guilty plea in exchange for a specified sentence, is called a(n)_________
Fill in the blank(s) with correct word