True Value is a retailer-owned cooperative with over 4,000 independent retail locations worldwide. Members of True Value own their individual stores and operate independently. True Value helps its members procure materials at a low cost
What kind of a marketing system is True Value? Explain briefly.
Indicate whether the statement is true or false
True Value is a type of contractual VMS. It is a retail cooperative wherein retailers take the initiative and organize a new business entity to carry on wholesaling and possibly some production.
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A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals: Cash$40,000 Current liabilities$75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings 90,000 Total assets$300,000 Total liabilities and equity$300,000
A. 0.37 B. 2.07 C. 1.27 D. 0.63 E. 0.58
Appropriate training outcomes need to discriminate, meaning that ________.
A. different employees should be given different tests for measuring their performance B. trainees' performance on the outcome should actually reflect true differences in performance C. tests given to employees before and after a training program should differ D. trainees should be asked to take a reliable test
During the performance review of her employees, Sarah gives higher ratings to employees from her hometown, Oklahoma, as she believes that people from Oklahoma are hardworking and trustworthy. Which of the following rating errors is Sarah exhibiting?
A. Spillover error B. Clone error C. Horn error D. Severity error
In Massachusetts v. EPA, where Massachusetts and other states sued to force regulation of greenhouse gases from vehicles, the Supreme Court held that:
a. EPA has final determination of all such regulations; the states may not force EPA to regulate air quality b. EPA is following the orders of Congress on emissions, so the states can petition Congress, not the courts c. EPA failed in its obligation to issue regulations to cover greenhouse gases d. EPA would allow the states to set their own emission standards as part of their State Implementation Plans e. all of the other choices are covered in the law