Describe who bore the burden of marketing in the industrial age.
What will be an ideal response?
Manufacturers were mainly concerned with production. The primary marketing burden fell on wholesalers and large mail-order catalog companies like Montgomery Ward and Sears Roebuck. Only a few innovative manufacturers foresaw the usefulness of mass media advertising to stimulate consumer demand for their products.
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Treatment of missing responses poses problems, particularly if the proportion of missing responses is between 5 percent and 10 percent
Indicate whether the statement is true or false
Orange Office Supply Corporation completed the following stock issuance transactions
Mar. 28 Issued 5,000 shares of $4 stated value common stock for cash of $20 per share May 1 Received merchandise inventory with a market value of $46,000 in exchange for 2,000 shares of the $4 stated value common stock. May 14 Issued 450 shares of 5%, $20 par value preferred stock for $50 per share Prepare the journal entries to record these transactions. Explanations are not required. What will be an ideal response
Lawyers often take the role of the incorporator, signing the charter and delivering it to the proper state officials
Indicate whether the statement is true or false
The creation of a database and its tables is a function of which component of the database system?
A) Users B) Application C) DBMS D) Database E) Web server