A industrial cleaning products distributor needed to hire a janitorial service to keep his establishment clean so he chose one of his customers for the job. This is an example of _____.
A. nested demand
B. derived demand
C. reciprocity
D. elastic demand
E. circular buying
Answer: C
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2016 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2016 . Park paid the amount due on June 13, 2016. Park uses the periodic inventory system. What effect does recording
the purchase of merchandise on June 5, 2016 have on Park's accounting equation? a. Liabilities and stockholders' equity decrease. b. Liabilities increase and stockholders' equity decreases. c. Assets and liabilities increase. d. Assets and stockholders' equity increase.
The relationship between a salesperson and a client that revolves around business-related issues is referred to as a:
A. buying center. B. business friendship. C. reciprocal relationship. D. sales team. E. partnering opportunity.
What was Johnson & Johnson's response when in 1986, someone tampered with a bottle of its popular product Tylenol?
A) The company removed Tylenol from stores. B) The company produced a tamper-proof cap. C) both a and b D) neither a nor b
The ultimate in plant flexibility is a one-hour-changeover-time plant.
Answer the following statement true (T) or false (F)