Retailers play a role in making distribution simpler by reducing the number of transactions required by consumersto make a purchase and by making an assortment of goods available in one location. This is called _____
a. forward integration
b. contact efficiency
c. sorting
d. reciprocity
ANSWER: b
Retailersprovidecontactefficiencybyreducingthenumberofstorescustomersmustshopintocompletetheirpurchases. Retailers are those firms in a marketing channel that sell directly to consumers as their primary function.
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A Methodist church sought to hire a pastor for its new church. When a member of the Catholic faith applied for the job, the church rejected the application. The church’s defense was that being Methodist was ______.
A. disparate treatment B. disparate impact C. affirmative action D. a bona fide occupational qualification
Each step in the hierarchy of effects is more difficult to achieve than the previous step
Indicate whether the statement is true or false
Which of the following would be added to the balance per books on a bank reconciliation?
A) Service charges B) Outstanding checks C) Deposits in transit D) Notes collected by the bank
Use metric abbreviations only when the metric unit follows _______________
a. a pattern b. another unit c. a complete sentence d. a number