Brandon orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charges has been tacked onto his bill because he thought the price included freight costs. Brandon should have been certain that the order terms were
A. F.O.B. origin.
B. F.O.B. factory.
C. F.O.B. destination.
D. 2/10, n/30.
E. C.O.D.
Answer: C
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Merchandise inventory at the beginning of the period plus net purchases minus merchandise inventory at the end of the period equals the cost of merchandise available for sale
Indicate whether the statement is true or false
When a global firm turns to its subsidiaries in less developed markets for new product ideas, such as when Coca-Cola developed Minute Maid Pulpy out of its Shanghai research center and then moved the product into other markets around the world, the firm is engaged in
A. a consortia. B. pioneering. C. beta testing. D. competitive engineering. E. reverse innovation.
Distribution decisions have little influence on the rest of the marketing mix.
Answer the following statement true (T) or false (F)
The critical value of F using ? = .05 when there is a sample size of 21 for the sample with the smaller variance, and there is a sample size of 9 for the sample with the larger sample variance is
A. 2.45. B. 2.94. C. 2.37. D. 2.10.