Explain a channel positioning matrix
What will be an ideal response?
A channel positioning matrix refers to a detailed comparative analysis of what a supplier provides to its resellers, what its competitors provide, and what its resellers' requirements are. Business market managers should construct a separate channel positioning matrix for each type of authorized reseller.
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Which of the following is a step in the preparation of a production cost report?
A) assignment of costs to units completed and units in process B) summarization of the flow of physical units to the suppliers C) computation of expected units of production D) computation of amount of materials required for production
Reducing the number of job titles in an organization is likely to increase the opportunities to reinforce positive employee behavior.
Answer the following statement true (T) or false (F)
Express contracts must be in writing to be valid
a. True b. False Indicate whether the statement is true or false
Jack transfers property worth $250,000 to a revocable trust on January 1. Two-and-a-half years later, when the property is worth $300,000, the trust becomes irrevocable. Which of the following statements is correct?
A) A $300,000 gift occurs when the trust became irrevocable. B) A $250,000 gift occurs when the original transfer was made. C) A $250,000 gift occurs when the trust became irrevocable. D) Jack may elect which amount to report as a gift.