Edward is hired to manage Fred's business. Which of the following is untrue regarding Edward's authority?
a. Edward has authority to sell a used cash register when he buys a new computerized checkout system for the store.
b. Edward has authority to send bills to customers and to accept payments on behalf of Fred.
c. Edward can hire employees, but he cannot fire them without Fred's consent.
d. Edward can enter into contract with wholesalers for merchandise in the store.
c
You might also like to view...
In the distribution of income, the net income is less than the salary and interest allowances granted; the remaining balance will be a negative amount that must be divided among the partners as though it were a loss
a. True b. False Indicate whether the statement is true or false
An employee's earnings for a payroll period can be based on
a. the time worked; b. units of output; c. sales; d. any of these; e. only A or C
The concept of privacy as it relates to public relations practice includes which of the following:
A. Public disclosure of "embarrassing" facts about a plaintiff B. Publicity that puts the plaintiff in a "false light" in the eyes of the public C. "Appropriation" of the plaintiff's name or likeness D. Only A and B E. A, B, and C
The first step in the price-setting process is to
A. define the pricing objectives. B. compare alternatives. C. analyze the competitive price environment. D. evaluate demand. E. determine the costs.