The universal functions of marketing include buying, selling, transporting, storing, standardization and grading, financing, risk taking, and
A. facilitating.
B. weighing.
C. market information.
D. merchandise information.
Answer: C
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Unethical actions include which of the following?
A) polluting lakes and streams B) overcharging on government contracts C) securities fraud D) All of these choices are unethical actions.
Firms may periodically distribute net assets generated by earnings to shareholders as a dividend. Firms
a. increase net assets and decrease retained earnings. b. increase net assets and retained earnings. c. reduce net assets and retained earnings. d. reduce net assets and increase retained earnings. e. reduce net assets and increase shareholders' equity.
To be liable for a Section 2 violation of the Sherman Antitrust Act, there must be concerted action
between two or more firms. Indicate whether the statement is true or false
Bacon Signs Inc. is based in a country with a territorial approach to taxation but generates 100% of its income in a country with a worldwide approach to taxation
The tax rate in the country of incorporation is 25%, and the tax rate in the country where they earn their income is 50%. In theory, and barring any special provisions in the tax codes of either country, Bacon should pay taxes at a rate of ______ in the country of incorporation. A) 75%. B) 62.5%. C) 0%. D) 50%.