Linda Moore is a commission salesperson whose territory for the last nine years has been the entire state of Virginia. Through hard work she has greatly increased her company's business in the region. Now her manager has decided to split the state into two territories. Moore can most likely expect to:
A. earn less sales revenue.
B. earn more sales revenue.
C. receive additional key accounts.
D. be fired from her job.
E. gain more customers.
Answer: A
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Mabel Lu is planning to buy a new washing machine. She notices that washing machines are available in a wide range of prices, and she wants to make sure she gets the most for her money. This product is a(n) ________ product
A) convenience B) unsought C) specialty D) shopping E) augmented
9 . Big Firm (BF) is planning a merger with Minor Player (MP). BF has a market share of 50 percent and MP has a market share of 10 percent. If this merger goes ahead as planned, it will lead to an increase in the Herfindahl-Hirschman Index (HHI) by
a. 500 b. 2000 c. 5000 d. 1000
Sally Swanson has opened a small bistro in Sedona, Arizona. The parking lot for her restaurant is located right next to Oak Creek, a creek that often floods during the summer rains. The result is that Sally loses one row of parking once the flooding occurs, and the spaces are not available until the creek levels subside. Sedona is going to build a structure along all Oak Creek adjoining
properties to prevent the flooding. The result will be that Sally will lose 3 to 4 of her parking spaces. Sally wants to know where her rights can be found to challenge. A) Sally loses the spaces anyway, so Sedona is not doing anything that affects Sally's rights. B) Sally has protections under the Fifth Amendment of the U.S. Constitution. C) Eminent domain is an absolute government right. D) City ordinances will determine whether the city is taking Sally's property through its project.
Orem Corporation's current liabilities are $750,680, its long-term liabilities are $449,820, and its working capital is $1,051,000. If the corporation's debt-to-equity ratio is 0.49, total long-term assets must equal:
A. $316,820 B. $1,848,820 C. $2,450,000 D. $2,599,500