Alex purchased a battery-operated drill, and the first time he used the drill, the battery pack overheated and exploded. After Alex's trip to the emergency room, it was determined that the explosion was due to a problem with how the drill was manufactured. Alex would like to lodge a complaint about the poor quality of the drill's construction. To which federal agency should he complain?
A. Labor Department
B. Food and Drug Administration
C. Federal Trade Commission
D. Department of Trade
E. Consumer Product Safety Commission
Answer: E
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A. for-profit organizations; nonprofit organizations B. unions; associations C. nonprofit organizations; associations D. co-ops; for-profit organizations E. nonprofit organizations; for-profit organizations
Which of the following businesses most likely would have a large Unearned Revenue account balance at all times?
A) Dry cleaners B) Realtor C) Magazine publisher D) Department store
Target is working with its suppliers using tools such as electronic billing, purchase order verification, bar-code technology, and the like to integrate data to improve overall performance. This is an example of _____.
A. supply chain management B. vertical marketing systems C. horizontal marketing systems D. contractual vertical marketing systems E. intensive distribution
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