Which one of the following provides a specialized sales or service strategy, offers support at various levels, and occasionally invests in the firm in exchange for periodic fees?

A) joint venture
B) franchising
C) licensing
D) royalty


Answer: B

Business

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The objective function of the assignment method in business settings always seeks to maximize revenue, profit, or another organizational metric

a. True b. False

Business

Though a picture may be worth a thousand words, the most important facet of encoding is not what is received but what is sent.

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

Business

Although conflict is likely to occur in any marketing channel, it is generally more pronounced when

A. the channel members are independent entities. B. manufacturers pressure retailers. C. the economy is booming. D. retailers pressure manufacturers. E. the supply chain members are geographically too close to each other.

Business

Use the information in Table 5.1. Using the traditional method, which product should be scheduled first?

A) Product A B) Product B C) Product C D) Product D

Business