Dingo Bangles Company wants to present information in "disclosure documents" via the Internet to prospective franchisees. Among other legal requirements with which Dingo must comply, prospective franchisees must
A. agree to settle any lawsuits that may arise over the documents.
B. be able to download or save all electronic documents.
C. provide e-mail addresses for Dingo to verify users' authenticity.
D. register with the Federal Trade Commission via Dingo's Web site.
Answer: B
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What is the marketing return on sales (marketing ROS) for a product line that generates $20 million in sales revenues with a net marketing contribution of $5 million?
A) 20% B) 25% C) 34% D) 35% E) 40%
In confronting the international problems caused by lack of language training, the MOST useful advice for North Americans is to
a. be glad that English is used so widely for business transactions and not be overly concerned with the need for knowing other languages. b. try to acquire second language skills if possible, or at least learn a few words in the language of your audience. c. expect business representatives of other countries to know English. d. always travel with an interpreter.
Under US law, when an article is being imported in such increased quantities as to threaten a domestic industry:
a. a subsidy may be authorized. b. antidumping laws may apply. c. a countervailing duty may be imposed. d. import relief can be granted.
In general, it's better to have a low inventory turnover ratio than a high one, as a low ratio indicates that the firm has an adequate stock of inventory relative to sales and thus will not lose sales as a result of running out of stock.
Answer the following statement true (T) or false (F)