Retailers use private labeling to generate channel control because _____
a. retailers can switch vendors with no impact on their customer loyalty
b. a large proportion of a manufacturer's output is sold to one retailer
c. retailers can more easily obtain bank financing
d. greater channel communication is fostered
a
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Quibble Company's liabilities exceed its assets. Quibble hires Roo & Slay, an accounting firm, to prepare a balance sheet. Through Roo & Slay's negligent omissions, the sheet shows a net worth. Town Bank relies on the balance sheet to make a loan to Quibble. When Quibble defaults, Town files a suit against Roo & Slay. Under the Restatement rule, Roo & Slay is most likely
A. liable because Roo & Slay owed a duty of care to Quibble. B. liable because Roo & Slay owed a duty to any foreseeable user. C. liable if Roo & Slay knew that Town would rely on the balance sheet. D. not liable because Roo & Slay and Town were not in privity.
Credit selection involves application of techniques for determining which customers should receive credit
Indicate whether the statement is true or false
Which of the following is TRUE of most traditional checking accounts?
A) They are a place to deposit money and then make purchases against those deposits. B) They generally pay higher interest than savings accounts. C) They usually charge fees for falling below a minimum balance. D) They generally do not require a monthly service fee. E) They generally do not carry fees for overdrawing the account.
A recommendation for managing creative workers is to provide them with a minimum amount of structure
a. True b. False Indicate whether the statement is true or false