One drawback of a product-oriented layout is that work stoppage at any one point ties up the whole operation
Indicate whether the statement is true or false
TRUE
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The agreement that spells out the details on a bond issue is known as an ____________________.
Fill in the blank(s) with the appropriate word(s).
Advocates of the ________ argue that when large companies are allowed to merge, fix prices, and participate in joint ventures, jobs are lost and plants are shut down in some areas
A) preservation of small businesses and an economy characterized by many sellers competing with one another B) prevention of concentration of political and economic power in the hands of a few sellers in each industry C) preservation of local control of business and protection against the effects of labor dislocation D) promotion of the maximization of consumer welfare using market principles and efficiency criteria
If a contractual promise is not fulfilled, the person who made it may be required to perform the promised act.
Answer the following statement true (T) or false (F)
Tamika White is a sales associate for a prestigious jewelry store. When she started with the store, she relied almost completely on serving customers who just happened to walk into the store and who knew exactly what they wanted-all she had to do was ring up the sale. With experience, she began to gather information about her customers and use them as a source of referrals. She now maintains a large database of her current customers, regularly communicates with them to keep track of their needs, and actively solicits referrals to new customers. When she gets a new referral, Tamika sends the prospective client an invitation to visit the store so that she can work with him/her personally. As a result, her sales are almost all from current customers and referrals, with almost no sales from
casual, walk-in customers. Tamika started out as a(n) ________ but has now become a(n) ________. A. order taker; supporting salesperson B. order taker; order getter C. supporting salesperson; order taker D. order getter; supporting salesperson E. order getter; order taker