A transaction that lacks a bargained-for exchange lacks an element of consideration.
Answer the following statement true (T) or false (F)
True
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Innovative Installers provides a variety of services related to office space and relocations such as installing modular office furniture and providing space planning and layout consultations Innovative Installers is owned and operated by Mierzett Evans and his sister Glenda Heldris. The company was founded in 1992. It had more than $2 million sales in 2003. The company uses a variety of marketing methods including a Web site, cold calls, and direct mail. Evans and Heldris believe the company could better communicate with potential customers who may not know of the company's existence.When the company uses cold calling to find potential customers, it is basing its methodology on:
A. Sherman's Law of Referrals. B. the iceberg principle. C. the law of averages. D. the law of comparative advantage. E. the 80-20 rule.
GreenTree Lawn and Garden Products is engaged in marketing strategy development
The first part of the marketing strategy statement created by management should outline the product's planned price, distribution, and marketing budget for the first year. Indicate whether the statement is true or false
When we compare a score on the SAT test to the job performance of existing workers in that job, we are using ________ validity.
A. construct B. content C. convective D. criterion-related E. observational
Which budget is used to assesses managerial efficiency?
A) operational budget B) capital budget C) static budget D) flexible budget E) cash budget