RESPA is applicable to all loans involving government insurance
Indicate whether the statement is true or false
True
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Channel control is lowest for manufacturers/service sponsors in _____
a. a fully integrated vertical system b. an independent vertical marketing system c. product/trademark franchising d. business format franchising
When group members put concern for the group’s social relations ahead of their desire to make a good decision, then the group is likely to suffer from:
a. group polarization. b. groupthink. c. risky shift phenomenon. d. Ringi effect.
Which of the following is not a factor that makes it more difficult for new ventures to be successful as differentiators?
A. Establishing a brand, important to a differentiation strategy, is thought to be expensive. B. Superior innovation is often very costly. C. The strategy is thought to be expensive to put into action. D. Customer service is often costly, but it does not affect a differentiation strategy.
For the current fiscal year, Purchases were $680,000, Purchase Returns and Allowances were $21,640, Purchase Discounts were $5,800 and Freight In was $41,500. If the beginning merchandise inventory was $240,000 and the ending merchandise inventory was $215,000, the Cost of Goods Sold is:
A. $719,060 B. $501,060 C. $636,060 D. $476,060