A supervisor who has conceptual skills has the ability to assess the impact of change he/she is recommending

Indicate whether the statement is true or false.


T

Business

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Instant redemption coupons are a form of direct sampling

Indicate whether the statement is true or false

Business

When disclosing the impact of a retrospective adjustment for the change from LIFO to FIFO in 2017, which of the following impacts is not expected to be reported in the comparative financial statements when two-year comparative statements are presented?

A) impact on beginning inventory for 2016 B) impact on 2016 net income C) impact on ending inventory for 2017 D) impact on cost of goods sold for 2016

Business

Through ________, an organization in the foreign market buys the right to use a company's manufacturing process, trademark, patent, trade secret, or other item of value

A) indirect exporting B) licensing C) contract manufacturing D) management contracting E) joint ownership

Business

In which of the following situations would personal selling be the LEAST cost-effective choice?

A) a manufacturer selling a line of running shoes to a chain of department stores B) an automobile dealer selling luxury cars C) a real estate agent selling a home D) a chain of supermarkets selling convenience products E) a computer systems firm selling hardware and software to a large business

Business