Which of the following types of distribution channel relationships is considered to be temporary?

A. Arm's Length
B. functional
C. cooperative
D. hierarchical
E. integrated


Answer: A

Business

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A decentralized, bureaucratic approach with standardized skills for managing uncertainty is ideal for which of the following environments?

A. stable and complex B. stable and dynamic C. complex and dynamic D. dynamic and simple E. simple and stable

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Everything else equal, the greater the number of compounding periods per year, the greater the effective rate of return that is earned on an investment.

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

Business

A macro-marketing system should

A. depend solely on a society's political institutions. B. match supply and demand and accomplish a society's objectives. C. provide everyone with the same goods and services. D. be part of a market-directed economy, not a command economy.

Business

The ordinary rules of agency normally apply to the employment of corporate officers

Indicate whether the statement is true or false

Business