An agent is not liable to the principal for any injuries resulting from a breach of duty to notify
Indicate whether the statement is true or false
FALSE
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The power that managers have resulting from their formal positions within organizations is called ______ power.
A. referent B. legitimate C. reward D. coercive E. expert
The following are potential pitfalls of a focus strategy, except
A. focusers can become too focused to satisfy buyer needs. B. erosion of cost advantages within the narrow segment. C. even product and service offerings that are highly focused are subject to competition from new entrants and from imitation. D. all rivals share a common input or raw material.
The results of the 2010 census suggest that the number of black households earning more than $75,000 has increased by 47 percent since 2005. Why is this detail important to marketers?
A. They have become more suburban, which has no impact on their purchasing power. B. They have become more affluent, which positively impacts their purchasing power. C. They have become older and therefore more careful about their purchasing power. D. They have become a more desirable marketing segment regardless of their purchasing power. E. They have become more affluent, which negatively impacts purchasing power.
Which of the following is true of state administrative agencies?
A) They are created by federal administrative agencies. B) They act as advisory boards for the president. C) Their decisions can be appealed to a state court. D) They are not empowered to enforce statutes.