The societal marketing orientation extends the marketing concept by acknowledging that some products that customers want may not really be in their best interests or the best interests of society as a whole

a. True
b. False


Ans: a. True

Business

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To preserve audit trails in a computerized environment, transaction logs are permanent records of transactions

Indicate whether the statement is true or false

Business

A firm undertakes stock repurchase only if the price of its stock is overvalued.

Answer the following statement true (T) or false (F)

Business

Which of the following is an advantage of narrative essays in appraising employee performance?

A. Good for making comparisons across employees B. Provides a direct link between job analysis and performance appraisal C. Forces raters to make distinctions among employees D. Good for individual feedback and development

Business

If a company sells goods that cost $80,000 for $92,000, the firm will:

A. reduce Cost of Goods Sold by $80,000. B. follow more than one of the other procedures. C. reduce Finished-Goods Inventory by $80,000. D. reduce Finished-Goods Inventory by $92,000. E. report sales revenue on the balance sheet of $92,000.

Business