Gulf Air, Inc, is the major wholesale distributor of software in the state of Florida. Its closest competitor is Fluid Systems Company, another Florida firm. The two firms agree that Gulf Air will operate in south Florida and Fluid Systems will operate in north Florida. This is
a. a group boycott.
b. a market division.
c. a joint venture.
d. an exclusive-dealing contract.
b
You might also like to view...
Various factors have contributed to the increased importance of packaging as a marketing tool. List and briefly describe these events
What will be an ideal response?
In most states, the agreement of a person who has been adjudicated insane is ________.
A. conditionally enforceable B. voidable at the election of that person (or his or her guardian or administrator) C. voidable at the election of the other contracting party (or his or her agent) D. void
Under the perpetual inventory system, in addition to making the entry to record a sales return, a company would
a. increase Merchandise Inventory and decrease Cost of Goods Sold. b. increase Cost of Goods Sold and decrease Purchases. c. increase Cost of Goods Sold and decrease Merchandise Inventory. d. make no additional entry until the end of the period.
A decrease in the lead time would reduce the
a. order point. b. safety stock. c. economic order quantity. d. ordering costs.