Strategy decisions concerning Place would NOT include
A. degree of market exposure desired.
B. distribution customer service level.
C. type of physical distribution facilities.
D. how to train wholesalers' salespeople.
E. type of channel of distribution.
Answer: D
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Fill in the blank with correct word.
An option has the same rights and legal effect as earnest money
Indicate whether the statement is true or false
Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $141,000 and Bowen's is $125,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $121,000 in the partnership. The amount credited to Kent's capital account is:
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