In the context of marketing a product, which of the following statements is true of overpromising?

A. Customers will be disappointed if the product falls short of very high expectations.
B. Only a tiny base of customers will be willing to try the product.
C. Customers will forgive the mistakes made by the marketers.
D. Buyers will provide positive feedback to the marketers.


Answer: A

Business

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In addition to telling the truth and taking responsibility for your actions, which of the following is also an example of workplace ethics?

A) Copying leadership on all email B) Taking credit for the success of a group assignment when you had a leadership role C) Enlightening a customer on a potentially harmful decision they might be making D) Imagining the impact of your actions on others E) Being well prepared for a presentation

Business

Price differences in milk cartons that are slightly different in size falls under Section ________ of the Clayton Act

A) 2(f) B) 2(d) C) 2(b) D) 2(a)

Business

The following information for Year 2 is taken from the accounts of Tuttle Company. The company uses the periodic inventory system.Inventory, December 31, Year 1$9400? Purchases 41,400? Purchase returns and allowances 740? Purchase discounts 540? Freight on goods purchased under terms FOB shipping point 1740? Freight on goods sold under terms FOB destination 940? Cost of goods sold 29,800? Based on this information, what is the inventory at December 31, Year 2?

A. $21,460 B. $12,340 C. $28,860 D. $19,120

Business

Michael is 17 years old and earns extra money by repairing cars. Nathan, who is 21, brings his car to Michael for repairs, and Michael ruins the brake system of the car because of his inexperience. If Nathan sues Michael for negligence in performing the auto repair contract, in most states Michael will have no liability, because the tort of negligence and the auto repair contract are connected

a. True b. False Indicate whether the statement is true or false

Business