The need-satisfaction approach more closely fulfills the retailing concept than the canned sales presentation

Indicate whether the statement is true or false


True

Business

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Which of the following is a way in which leaders demonstrate trust?

a. withholding information b. dictating practices c. including employees in dialogues and discussion d. misleading to gain status

Business

Georgio, a calendar year taxpayer subject to a 33% marginal Federal income tax rate, claimed a Form 1040 charitable contribution deduction of $300,000 for a sculpture that the IRS later valued at $120,000 . The applicable overvaluation penalty is:

a. $10,000 (maximum penalty). b. $12,000. c. $24,000. d. $60,000.

Business

When Joe's Chicken Shack wants chicken delivered in smaller batches more frequently, it offers its distributors an incentive in the form of special bonuses to change their schedules. Joe's demonstrates which kind of power?

A. expertise B. referent C. information D. coercive E. reward

Business

Mountainside Coffee Company and Nature's Cuisine, Inc, enter into a contract for a sale of coffee beans. The contract includes the term "F.O.B. Ocean City," which is the location of Nature's Cuisine. This means that the contract is

A) a bill of lading. B) a destination contract. C) a shipment contract. D) a warehouse receipt.

Business