Hutton Industries wants to hire an intermediary to help with the distribution of its products. Management needs an intermediary that will represent the company as sellers, but also wants to retain control over pricing and promotion decisions. It should most likely hire a
A. commission merchant.
B. broker.
C. manufacturers' agent.
D. selling agent.
E. limited-service wholesaler.
Answer: C
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The FASB Accounting Standards Codification includes six levels or components. Which of the following is not one of those levels?
A) Area B) Topic C) Sub-paragraphs D) Paragraphs
Retailers may defend their bait-and-switch advertising practices on the basis that _____
a. they are legal b. special purchases allow low prices c. the prices offered are below cost d. better, but more expensive, alternatives are available
Value stream mapping (VSM) ______.
A. is typically done once an organization has converted to a lean system B. facilitates identifying sources and causes of waste C. has the potential to increase the carbon footprint D. is applied only in push production systems
If the times interest earned ratio:
A. Increases, then risk increases. B. Is less than 1.5, the company is carrying too little debt. C. Is greater than 3.0, the company is likely carrying too much debt. D. Is greater than 1.5, the company is in default. E. Increases, then risk decreases.