The net price a business can derive from the use of indirect marketing channels is much higher than that with other channel types

Indicate whether the statement is true or false


Answer: False

Business

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Which internal control procedure is followed when management authorizes the purchasing department to order goods and services for the company?

a. Segregation of duties b. Safeguarding of assets and records c. Independent verifications d. Proper authorizations

Business

A paralegal who works in a specialty area of law can answer questions that require legal knowledge of that area

Indicate whether the statement is true or false

Business

Technological tools such as the Internet and email have:

A. decreased the importance of entrepreneurship in the national economy. B. made it easy for small businessowners to manage their firms on the go. C. made it harder for small businesses to compete against large businesses. D. increased the number of legal regulations that small businesses should comply to.

Business

Speedboat Corporation refuses to sell its products to WaterWorld, Inc, a recreational water products dealership. This is a violation of antitrust laws if it

a. has an anticompetitive effect on a particular market. b. results in lower prices for consumers. c. provides no economic benefits for consumers. d. is likely to increase competition.

Business