Offering a small product range to a small number of customer groups is:
A. a broad-scope strategy.
B. an imitation strategy.
C. a narrow-scope strategy.
D. a way of reducing market uncertainties.
Answer: C
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Indicate whether the statement is true or false
A salesperson selling ________ to ________ would most likely have the most extensive product knowledge.
A. computers; small businesses B. televisions; consumers C. rocket components; engineers D. jewelry; retailers E. skis; consumers
Which of the following is an example of breach of fiduciary duty?
A) The directors of a corporation refuse to give a pay raise to the employees although they have not received one for five years. B) A director makes a profit of $120,000 from a contract between the corporation and a firm in which he has an interest after he has made full disclosure of his interest to the board of directors and abstained from the vote on the contract. C) An officer of a corporation learns of a business opportunity intended for the company and intercepts it for his own benefit D) The directors refuse to declare dividend contrary to a request by its preferred shareholders. E) A shareholder owning 2% of the outstanding shares starts a business in direct competition with a corporation in which he holds shares.
In Callison v. City of Philadelphia, Callison claimed his employer violated his FMLA rights by insisting he be at home during regular working hours while on leave, or call in to say where he was going. The appeals court held that the employer only had the right to make sure he was not working elsewhere, otherwise it had no right to control his location
a. True b. False Indicate whether the statement is true or false