Which of the following is true of channel conflict?

a. It always has a negative effect on the members of a channel.
b. It is often caused by an unwillingness of traditional channel members to keep up with the changing times.
c. It mixes elements of cooperation and competition between two partners who work together on the same initiative.
d. It does not occur when multiple distribution channels are used.


ANSWER: b

Channel conflict is often caused by an unwillingness of traditional channel members to keep up with the changing times. Inequitable channel relationships often lead to channel conflicts.

Business

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Indicate whether the statement is true or false

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a. A firm creates treasury stock when it repurchases its own stock and does not retire it. b. Treasury stock lowers the stock outstanding. c. Treasury stock may be recorded at the cost of the stock. d. Treasury stock may be recorded at par or stated value. e. Treasury stock is, in essence, an increase in paid-in capital.

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A nonprofit leader is telling a donor that donations made to nonprofit organizations are tax deductible. The leader is communicating a ______ to the potential donor.

A. legal liability B. social benefit C. public message D. value proposition

Business