The uncontrollable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces are referred to as ________.
A. a marketing ecosystem
B. the 5 Fs of marketing
C. environmental forces
D. a business sphere
E. business conditions
Answer: C
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Effective strategic management involves
A. only top management. B. only top and middle management. C. only middle and lower management levels. D. only lower management level. E. managers from all parts of the organization.
Utah Co sold merchandise to Big Sky Corp on December 1, 2014, for $9,000, and accepted a promissory note for payment in the same amount. The note has a term of 90 days and a stated interest rate of 8%. Utah's accounting period ends on December 31 . What amount should Utah recognize as interest revenue on the maturity date of the note?
a. $ -0- b. $ 60 c. $120 d. $180
When a follower becomes part of a leader’s in group, it is often based largely on what type of exchanges?
a. tangible b. intangible c. political d. none of these
In using the total cost concept of applying the cost-plus approach to product pricing, selling expenses, administrative expenses, and profit are covered in the markup
Indicate whether the statement is true or false