Which of the following is an example of a zero-level channel?
A) A company takes online orders from customers and ships the products to them.
B) An organization uses a combination of direct salespeople and sales agencies to increase sales.
C) A company sells its products through wholesalers and retailers.
D) A company sells its products through chains of supermarkets and other large sellers.
E) A large company forms alliances with smaller companies to increase sales coverage.
A
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Considering the residual value is zero, calculate the payback period. (Round your answer to two decimal places.)
First Choice Carpets is considering purchasing new weaving equipment costing $730,000. The company's management has estimated that the equipment will generate cash inflows as follows:
A) 4.61 years
B) 3.21 years
C) 3.42 years
D) 3.70 years
Why do accountants normally calculate cost per unit as an average?
A. Some manufacturing-related costs cannot be accurately traced to specific units of product. B. Determining the exact cost of a product is virtually impossible. C. Even when producing multiple units of the same product, normal variations occur in the amount of materials and labor used. D. All of these are justifications for computing average unit costs.
A small manufacturer is considering several locations for a new facility. They have identified four factors that they consider to be important for their location decision
They have decided to assign scores to the four factors, with a higher score indicating a more favorable location. Use the information in the following table to perform a factor rating to select the best location. Weight Location A Location B Location C Wages 40 30 75 90 Labor Climate 30 40 70 40 Taxes 15 80 40 90 Utilities 15 75 60 10
EZ Credit Company signs an instrument payable to the order of Fraser that states, "The maker of this note at the date of maturity, May 1, 2013, can extend the time of payment, but for no more than a reasonable time." This instrument is
A. negotiable. B. nonnegotiable, because it includes an extension clause. C. nonnegotiable, because it is not payable within a definite time. D. nonnegotiable, because it is payable to a specific payee.