While the _____ markup is based on the original retail value, the _____ markup is based on actual prices received for the merchandise
a. initial; actual
b. initial; maintained
c. planned; actual
d. planned; maintained
b
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A control that can ensure that receiving clerks are not influenced by quantity information while actually counting incoming goods is to:
a. send a "blind" copy of the purchase order to receiving b. establish a "tickler" file for completed purchase orders c. send copies of a receiving report to accounts payable d. establishing "blanket orders" in purchasing
The top executives of Granite Financial have established processes to review the company's financial dealings and communications with customers to make sure everything is legal and honest yet remain focused on profits. These processes are part of the company's
A. ethical climate. B. legal responsibility. C. corporate social responsibility. D. ecocentric management. E. moral obligation.
Which of the following statements is true of the economies of Australia and New Zealand?
A) There are restrictions in the free movement of people between the two countries. B) There are trade barriers and border restrictions between the two countries. C) There is a major challenge facing marketers in Australia regarding high marketing costs for distributing goods internationally. D) There has been an increase in the relative wealth of New Zealand due to an increase in prices for agricultural commodities.
Answer the following statements true (T) or false (F)
1. A strategic organizational behavior approach is closely related to human capital. 2. A strategic organizational behavior approach is based on the idea that goods are the key to productivity, competitive edge, and financial success. 3. When Mary motivates her team with a new reward system, she is engaging in the management function of organizing. 4. Manufacturing equipment and supplies are examples of intangible resources. 5. Value, rareness, and importance are all part of human capital.