A contract is essentially an agreement that creates an obligation

Indicate whether the statement is true or false


True

Business

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Hetrick, a firm that specializes in building construction, hires Mark, an unemployed teenager, to work in its carpentry division. Since Mark does not have the required skills to work as a carpenter, he is provided training that helps him pick up carpentry skills on the job. Mark learns by assisting other master carpenters and journeymen. In addition to the skills Mark acquires, he is paid by Hetrick. The form of training exemplified in this scenario is called

A. apprenticeship. B. internship. C. onboarding. D. simulation. E. co-employment.

Business

The maximum sales of a product category reasonably attainable under a given set of conditions within a specified period of time is known as:

A) market potential. B) market forecast. C) sales forecast. D) market attractiveness.

Business

The U.S. PTO is the appropriate place to file a registration of a mark

Indicate whether the statement is true or false

Business

The richness made possible by e-commerce technologies does which of the following?

A) It reduces the cost of delivering marketing messages and receiving feedback from users. B) It allows consumers to become co-producers of the goods and services being sold. C) It allows video, audio, and text to be integrated into a single marketing message and consuming experience. D) It enables worldwide customer service and marketing communications.

Business