In the business market, organizational customers purchase products from the fishing and agricultural industries to use in their finished products. These are examples of ________
A) component parts
B) accessory equipment
C) processed materials
D) MRO products
E) raw materials
E
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Attempts by competitors to interfere with the market and control prices are called parallel price-fixing and are illegal per se under Section 1 of the Sherman Act.
Answer the following statement true (T) or false (F)
Claire and her mother are both in marketing positions. Claire's job is satisfying to her primarily because it gives her a flexible schedule and pays well so she can take vacations with her friends. Her mother chose a job that provides health benefits and structured work with regular hours. This demonstrates shifts in ________ that can influence work life versus family life.
A. information power from marketer to customer B. competitive influences C. generational values and preferences D. buying power from customer to marketer E. product glut and customer shortage
________ jurisdiction is the power of a court to hear a matter that involves a dispute between two or more parties
A. Contentious B. Adjudicative C. Optional clause D. Advisory
Stewart Candle Company received cash of $40,000 and issued common stock. Which of the following accounts will be debited?
A) Accounts Receivable B) Cash C) Common Stock D) Accounts Payable