What are the similarities and differences between manufacturers' agents and selling agents?
What will be an ideal response?
Manufacturers' agents are independent salespeople who carry several lines of noncompeting products. They have contractual arrangements with manufacturers that outline territories, selling prices, and other specific aspects of the relationship. Selling agents are responsible for a wider range of marketing activities in addition to the sales function, and they have more flexibility over pricing and promotional activities.
You might also like to view...
The journal entry to record the payment of an ordinary note is:
A) debit Cash; credit Notes Payable. B) debit Cash; credit Accounts Payable. C) debit Notes Payable and Interest Expense; credit Cash. D) debit Notes Payable and Interest Receivable; credit Cash.
Which of the following is not one of the four dimensions of corporate social responsibility?
A. social B. economic C. philanthropic D. ethical E. legal
Anthem Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Richmond Corporation, at face value, on June 30, 2016
The bonds pay interest on June 30 and December 31. At the date of purchase, Anthem intended to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2021. Prepare the journal entry for (omit the explanation) June 30, 2021 (assume that the last interest payment has already been recorded). What will be an ideal response
________ are drawings that show what the print ad will look like and from which the final artwork will be produced.
A. Product sheets B. Art infusions C. Packshots D. Layouts E. Creative briefs