Describe the reseller market. Why do businesses use the services of business product distributors?
What will be an ideal response?
The reseller market includes retail and wholesale businesses that buy finished goods and resell them for a profit. Retailers sell to final consumers, and wholesalers sell to retailers and other organizational customers.
Business product distributors are wholesalers who buy business products and resell them to business customers. These distributors often carry much stock and have sales forces that call on business customers. Businesses that wish to purchase items typically buy from these local distributors rather than from large manufacturers.
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Which of the following accounts would not appear as an asset on a manufacturer's balance sheet?
a. Finished Goods b. Work in Process c. Factory Overhead d. Raw Materials
Sullivan Consumer Products Co asks its employees to apply four tests in determining whether their behavior violates Title VII with respect to sexual harassment. Which of the following is one of the four tests?
a. Would your friends be impressed with your behavior? b. Do you think your behavior is humorous? c. Would your behavior help you to get a promotion? d. Would you like your behavior reported in your local newspaper?
Patrick agrees to sell two different goods to his friend Ron, a retailer. One item is legal, and one item is illegal. The contract price is $2,000. In this case:
A) Patrick may not recover payment for either of the items, or in some cases, he may recover for the legal item, but not for the illegal item. B) Patrick may only recover for the legal item, and he may not recover for the illegal item. C) the contract is unconscionable under the UCC. D) Patrick may not recover payment for either of the items.
Most modems have
a. DTE interfaces b. DCE interfaces c. a user-configurable option to select DTE or DCE interfaces d. neither DTE or DCE interfaces