A firm would prefer an administered channel system to a corporate channel system for all the following reasons EXCEPT that
A. corporate channel systems offer more control over marketing activities than administered systems.
B. administered channel systems are more costly to operate than corporate systems.
C. administered channel systems offer good enough channel cooperation for the firms' distribution needs.
D. managing all manufacturing, wholesaling, and retailing functions in a channel is too challenging.
E. administered channel systems have some of the same benefits of corporate channel systems but without the expense.
Answer: A
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Which of the following are guidelines for behaving ethically? I. Identify the consequences of a decision and its effect on others. II. Consider your obligations and responsibilities to those affected by the decision. III. Identify your decision based on personal standards of honesty and fairness
A) I and II. B) II and III. C) I and III. D) I, II, and III.
To record a cash discount allowed on a purchase:
a. no entry is required. b. purchase returns and allowances is credited. c. purchase discounts is credited. d. purchases is credited.
Your voice, speech patterns, vocabulary, and attitude do not affect a caller's impression of you and your company
Indicate whether the statement is true or false
Gordon Corporation reported the following equity section on its current balance sheet
The common stock is currently selling for $12.00 per share. Common Stock, $10 Par, 103,000 shares authorized, 58,000 shares issued and outstanding $580,000 Paid-in Capital in Excess of Par-Common 125,000 Retained Earnings 302,000 Total Stockholders' Equity $1,007,000 What would be the total stockholders' equity after a 15% common stock dividend? A) $1,073,700 B) $705,000 C) $1,007,000 D) $604,200