“Staying up-to-date on the status of activities, identifying problems, and taking corrective action” is which of the following management functions?
a. Guidance
b. Managing materials
c. Supervision
d. Monitoring
d. Monitoring
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In which value creation selling approach do salespeople focus a great deal of attention on customers' needs awareness?
A) transactional selling B) strategic alliance selling C) consultative selling D) new task selling E) system selling
What is a back order?
A. The agreed upon time between the purchase of a product and the delivery of the product. B. The time it takes to manufacture a product and deliver it to the retailer. C. An unfilled customer order for a product that is out of stock. D. The frequency of inventory replacement.
Delores recently became a board member of a firm that has a history of reckless actions by senior employees. Which task would be appropriate for Delores to undertake to help safeguard the company's financial health?
A. Determine how to postpone or evade the firm's compliance with local, regional, and national regulations. B. Draft and circulate a statement that the firm's board members serve at the pleasure of the CEO. C. Take part in the annual reviews of employees in the financial department. D. Request and review a copy of the firm's risk assessment plan, if such a plan exists.
When parties agree to discharge one party from a contract and create a new contract with another party who is to become responsible for the discharged party's performance, this is:
a. accord and satisfaction b. specific performance c. novation d. equitable remedy e. equitable performance