An increase in consumption of the product either from new or existing customers is
A) market growth.
B) stealing share.
C) forward selling.
D) forward buying.
Answer: A
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The designation of d.b.a. (doing business as) refers to the description for a business that is operating under a trade name
Indicate whether the statement is true or false
Which of the following is a "corporate citizenship" as a social responsibility theory in business?
A) Businesses are responsible to even helping solve social problems that they did not cause. B) Businesses owe a duty to take actions that increase profits for shareholders. C) Businesses have a responsibility solely to their stakeholders and should strive to maximize their well-being. D) Businesses are obliged to consider the effects their actions have on persons other than their shareholders.
Customers can vote with their feet by boycotting unethical practices, such as clothing made in sweatshops
a. True b. False Indicate whether the statement is true or false
Leonard is a traveling salesman for Bighorn, Inc He calls on Ralphyl, one of his regular accounts, in order to solicit another order. While in the store, Leonard collects a past due account for Bighorn, but he doesn't get another order. It has been a bad day in which Leonard hasn't had any orders. He is so angry about this when he leaves the store that he drives negligently and hits a pedestrian
with his car. In this case: A) Bighorn has no liability for Leonard's negligence, because Leonard is responsible for his own negligent conduct. B) since he was driving at the time of the negligent conduct, Leonard was no longer within the scope of his employment. C) Bighorn will be liable for Leonard's negligence under the doctrine of respondeat superior. D) Leonard is an independent contractor and, therefore, Bighorn will have no liability for his negligence.