Which of the following wholesalers would be most helpful to a small manufacturer of computer components who wants to obtain distribution in several major markets and still retain control of the marketing of its products?
A. brokers
B. selling agents
C. rack jobbers
D. manufacturers' sales branches
E. manufacturers' agents
Answer: E
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Operating activities:
A. Are also called asset management. B. Are the means organizations use to pay for resources like land, buildings and equipment. C. Involve using resources to research, develop, purchase, produce, distribute and market products and services. D. Are also called strategic management. E. Involve acquiring and disposing of resources that a business uses to acquire and sell its products or services.
Reactive change implies being a(n)
A) shaper. B) follower. C) reactor. D) adapter. E) leader.
How should a responsibility report be prepared to support the practice of management by exception?
What will be an ideal response?
Jessica invested in Quantro stock when the firm was unlevered. Since then, Quantro has changed its capital structure and now has a debt-equity ratio of 0.30. To unlever her position, Jessica needs to:
A. borrow some money and purchase additional shares of Quantro stock. B. maintain her current equity position as the debt of the firm did not affect her personally. C. sell some shares of Quantro stock and hold the proceeds in cash. D. sell some shares of Quantro stock and loan out the sale proceeds. E. create a personal debt-equity ratio of 0.30.