The_____was drafted in the 1970s to bring uniformity to all the United States in the area of trade secret law
Fill in the blank(s) with correct word
Uniform Trade Secrets Act (UTSA) Uniform Trade Secrets Act
UTSA
UTSA (Uniform Trade Secrets Act)
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Sandpiper Inc. has a division that manufactures a component that sells for $150 and has a variable cost of $50. Another division of the company wants to purchase the component. Fixed cost per unit of the component is $20. What is the minimum transfer price if the division is operating at capacity?
A) $150 B) $50 C) $70 D) $20
At the extreme, micromarketing becomes ________ insofar as products and marketing programs are tailored to the needs and preferences of customers
A) differentiated marketing B) multi-segmented marketing C) local marketing D) mass marketing E) individual marketing
Sutton Products is a price-setter that uses the cost-plus pricing approach. The products are specialty vacuum tubes used in sound equipment. The CEO is certain that the company can produce and sell 310,000 units per year, due to the high demand for the product. Variable costs are $2.40 per unit. Total fixed costs are $970,000 per year. The CEO will receive stock options if $100,000 of operating income for the year is reported. What sales price would allow the CEO to achieve the target if the cost-plus pricing method is used? (Round your answer to the nearest cent.)
A) $2.40 per unit B) $5.85 per unit C) $3.45 per unit D) $5.21 per unit
Marketing managers typically do not develop and give presentations to company managers, business partners, and customers.
Answer the following statement(s) true (T) or false (F)