The best way for manufacturers to control prices is by using an exclusive distribution system

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


ANSWER: False

The best way for manufacturers to control prices is to develop brand loyalty in consumers by delivering quality and value.

Business

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Five sets of factors should be considered when deciding on how to enter a new foreign market. Identify the key feature of country characteristics

A) market size and growth B) tariffs or quotas C) government regulations D) speed and sequence

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How are permit departments helpful in conversion investigation efforts?

a. Identifying the nature and location of businesses, new leases, and recent construction. b. Obtaining information about chattel mortgages and loans to individuals or businesses on equipment. c. Obtaining license numbers used for identification in transactions. d. Identifying owned assets, indebtedness, mortgage holders, trustees or straw buyers.

Business

Select the incorrect statement regarding the relevant range of volume.

A. Total variable costs are expected to vary in direct proportion with changes in volume. B. Total fixed costs are expected to remain constant. C. Variable cost per unit is expected to remain constant. D. Total cost per unit is expected to remain constant.

Business

Which of the following is not a focus of the behavioral view of creativity?

a. It is something a person does rather who and what the person is. b. Someone is judged to be creative based on the extent that it does not necessarily solve a problem or address a need. c. The idea must be appropriate to the problem or opportunity presented. d. The idea must be novel, different from what has been done before.

Business