A good channel captain knows that
A. a traditional channel system works best.
B. marketing functions can be shifted and shared within a channel but they cannot be completely eliminated.
C. direct-to-customer channels usually cost less and perform more efficiently than indirect channels.
D. some marketing functions can usually be completely eliminated by using short channels instead of long channels.
E. None of these answers is correct.
Answer: B
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The term learning organization was coined by
A. Shewart. B. Deming. C. Juran. D. Senge. E. Mayo.
Which of the following is a factor that the auditor should consider when choosing between non-statistical and statistical sampling?
a. Whether the audit staff is adequately trained to use statistical sampling. b. Whether the population lends itself to a random-based selection method. c. Whether the auditor wants a statistical measure of the risk of drawing a wrong conclusion. d. All of the above.
Fashion Barn Company, a retailer, accepts payment through credit cards. During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assume that the processor deposits the net amount. Prepare the journal entry for credit card sales. (Ignore cost of goods sold.) Omit explanation.
What will be an ideal response?
The ____________________________ school of thought believes that market competition between self-interested agents will derive the best outcomes for both employers and their employees.
Fill in the blank(s) with the appropriate word(s).