The term caveat emptor means:
a. "seller take care"
b. "empty the cave of deceit"
c. "buyer beware"
d. "truth shall prevail"
C
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In the case of direct involvement, a company that wants to enter a competitive market should ________
A) establish franchised outlets in the new market B) approach retailers selling substitute products in the new market C) approach retailers selling complementary products in the new market D) establish bonds with distributors or wholesalers in the new market
The entry to record patent amortization of $4,500 embedded in a product is as follows:
a. Work-in-Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Patent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 b. Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Patent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 c. Work-in-Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Allowance for Amortization of Patent . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 d. Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Allowance for Amortization of Patent . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 e. none of the above
Benefits of an annotated presentation are that it can be:
a. useful to those who couldn't attend b. useful to those who did attend c. both of the above d. none of the above
A quantitative method used to evaluate multiple locations based on total cost of production or service operations is called:
A) break-even analysis. B) the transportation method. C) a preference matrix. D) the load-distance method.