A practical objection is termed as a major objection.
Answer the following statement true (T) or false (F)
False
A practical or overt objection may be either major or minor. Price is an example of a practical objection.
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Statements that illustrate the success of global marketing include all of the following except:
A) the Coca-Cola Company supports its Coke brand by utilizing global and local marketing mix. B) Apple is synonymous with cutting-edge innovation and high-tech design. C) Italy's Benetton utilizes marketing as a knee-jerk reaction to world marketing needs. D) the backbone of Caterpillar's global success is its network of dealers. E) Germany's reputation for engineering and manufacturing provides a competitive advantage.
Stintson Corp. had agreed to create employee identity cards for McLaughlin Inc. for $60,000. Some of the cards delivered by Stintson Corp. had damages made during the lamination process. McLaughlin Inc. promised Stintson Corp. an additional $20,000 to replace the damaged identity cards, and Stintson Corp. did so. Then McLaughlin Inc. refused to pay Stintson Corp. more than $60,000 for the work. Which of the following statements is true of this situation?
A. Stintson Corp. would still be entitled only to $60,000 because such an act is new consideration that was provided to support the modification. B. Stintson Corp. is not entitled to any more than $60,000 for its work. C. Stintson Corp. is entitled to the additional $20,000 as legal value has nothing to do with adequacy of consideration. D. McLaughlin Inc. owes Stintson Corp. the additional $20,000.
In a document, the ___________ of the project explains why the project was undertaken
a. author b. reviewer c. supervisor d. purpose
When a customer's account is identified as uncollectible using the allowance for doubtful accounts method, which of the following is the correct entry to record the write-off?
a. debit Uncollectible Accounts Expense, credit Accounts Receivable (customer name) b. debit Accounts Receivable (customer name), credit Allowance for Doubtful Accounts c. debit Allowance for Doubtful Accounts, credit Accounts Receivable (customer name) d. debit Accounts Receivable (customer name), credit Uncollectible Accounts Expense