Answer the following statement(s) true (T) or false (F)

Marketing research involves the gathering of information about a particular market, followed by analysis of the information.


ANSWER: True

Business

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A retail organization's sales salaries consist of a base amount plus a commission of 5 percent on each sale. Which of the following would properly classify the cost of sales salaries?

a. Fixed and product b. Mixed and period c. Mixed and product d. Variable and product

Business

What are some forms planning can take?

What will be an ideal response?

Business

When a team conducts the interview process,

a. no more than five people are typically on the interview team. b. the team should include several people, all from the HR department. c. résumés are screened after the initial interviews to maintain objectivity. d. the team should include people from different levels within the organization.

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A principal owes to any agent the same duties under tort law that the principal owes to all parties

a. True b. False Indicate whether the statement is true or false

Business