Which of the following is a course of action for a principal if an agent is found competing with him or her?
A) The principal can recover damages from the agent if the competition continues after the agency has ended.
B) The principal can recover profits made by the agent.
C) The principal is given an option of buying the agent's competing venture.
D) The principal is not allowed to recover for lost sales due to the agent's competing venture.
B
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A contingent liability is recorded in the accounting records
a. if the contingency has not been described already in the notes to the financial statements. b. if it possibly will become an actual liability and the exact amount is known. c. under no circumstances. d. if it probably will become an actual liability and the amount can be reasonably estimated.
Which of the following statements characterizes the introduction stage of the PLC?
A) There are increased marketing outlays. B) Profits are nonexistent. C) The company incurs minimal expenses. D) The product achieves acceptance by most potential buyers. E) Promotional expenditures are zero.
The optimum number of choices for the top level of a voice response unit (VRU) menu is ____ options.
A. 3 B. 4 C. 5 D. It depends on the types of calls.
Product design involves making decisions about all of the following except?
a. Characteristics of goods and services b. Pricing of goods and services c. Features of goods and services d. Performance of goods and services