What is a conventional distribution channel?
What will be an ideal response?
A conventional distribution channel consists of one or more independent producers, wholesalers, and retailers. Each is a separate business seeking to maximize its own profits, perhaps even at the expense of the system as a whole.
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Most businesses today determine departmental operating expenses through the use of general ledger accounts for departmental expenses
a. True b. False Indicate whether the statement is true or false
Which type of strategy is best utilized for exiting a market by selling or closing down the business or eliminating the product?
A) a harvest strategy B) a monetize strategy C) a horizontal integration strategy D) a vertical integration strategy E) a divest strategy
Which of the following statements is LEAST likely to be true about networking?
A. Relationships are based on usefulness and profit sharing. B. The people who make up your relationship network will allow you to learn from them. C. Building and maintaining relationships requires the mutual investment of effort, time, and resources. D. Salespeople should always ask themselves how they can help those in their network. E. Networking is your personal array of relationship.
Answer the following statements true (T) or false (F)
1. Hybrid boards have elected and appointed members. 2. Elected boards help ensure that organizations are responsive to member needs. 3. Nonprofits file a Form 990 with the Internal Revenue Service when their annual revenues exceed $100,000. 4. A board governs the nonprofit organization, while the chief executive officer manages the organization. 5. Advisory councils have no legal responsibilities within a nonprofit organization.