Many business products are sold direct, but hardly any services are.
Answer the following statement true (T) or false (F)
False
Service firms often use direct channels. If the service must be produced in the presence of customers, there may be little need for intermediaries.
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Which of the following trends in world economy has shaped up the future of global marketing and marketing enterprises?
A) the growing role of consumers as just purchasers of products and services B) downfall of GDP per capita income in developed countries C) the rise of the rest of the world on par with the developed nations D) global economy shifting toward the growth of developed countries
The future value of $500 invested at the end of each of the next three years is $1,555 (assuming a 10% interest rate)
Indicate whether the statement is true or false.c
The cost flow method chosen by a company will impact its inventory turnover ratio.
Answer the following statement true (T) or false (F)
Which of the following statements concerning the transshipment model are FALSE?
A) A supply node is one where the total flow into the node is less than the total flow out of the node. B) A transshipment node is one where the total flow into the node equals the total flow of the node. C) The flow balance for a demand node should show a positive RHS value. D) The flow balance for a transshipment node should show a negative RHS value. E) The flow balance for a supply node should show a negative RHS value.