A(n) ________ vertical marketing system creates a powerful competitive advantage in the marketplace due to cost and process efficiencies realized when a channel is strictly controlled by one entity.

A. distributive
B. contractual
C. disintermediated
D. administered
E. corporate


Answer: E

Business

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Which of the following is most likely true about a global organization?

A) Worldwide policies are planned by top corporate management. B) Global operating units report to international division chiefs. C) Executive training is restricted to domestic operations. D) Employees are recruited exclusively from the home country. E) It considers itself a national marketer that sells abroad.

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Burke Company has a break-even of $600,000 in total sales. Assuming the company sells its product for $50 per unit, what is its margin of safety in units if sales total $850,000?

A. 17,000 units B. 250,000 units C. 5,000 units D. 12,000 units

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Any endorsement that limits the use of the negotiable instrument is a ____________________ endorsement.

Fill in the blank(s) with the appropriate word(s).

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False imprisonment is the deprivation of a person's liberty without justification. To establish a cause of action, the plaintiff must show:

a. that their right to freedom of movement was violated b. the defendant restrained the plaintiff c. the restraint was intentional d. all of the other specific choices must be shown e. none of the other specific choices need be shown

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