________ encompasses a societal and professional standard of right and fair practices that are expected of marketing managers in their oversight of strategy formulation, implementation, and control.
A. Marketing ethics
B. Accreditation
C. Price fixing
D. Personal selling
E. Social responsibility
Answer: A
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On November 1, Greenfield Corporation borrowed $55,000 from a bank and signed a 12%, 90-day note payable in the amount of $55,000 . If you assume 360 days in year, the November 30 adjusting entry will be:
a. Debit Interest Expense $550 and credit Cash $550. b. Debit Discount on Notes Payable $1,100 and credit Interest Payable $1,100. c. Debit Interest Expense $550 and credit Interest Payable $550. d. Debit Interest Expense $550 and credit Notes Payable $550.
The process of determining a customer's need and routing the customer to the appropriate support group is known as ____.
A. escalation B. triage C. routing D. transferring
A term of a lease required that the landlord provide exterminating services monthly to control rats and other pests. The landlord failed to do this despite numerous requests placed by the tenant, and the premises became overrun by rats. This may be considered:
a. a breach of the covenant of quiet enjoyment. b. a physical eviction. c. active waste. d. a constructive eviction.
A narrow span of control is appropriate when
A. the organization is flat. B. performance measures are comparable. C. many reporting levels exist. D. the manager can easily control many subordinates. E. jobs are similar.