A producer is not likely to receive ____ from an industrial distributor.
A. selling activities in local markets
B. market information about consumers
C. aggressive promotion of its brand
D. reduced capital requirements
E. a reduced financial burden from customers
Answer: C
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Evan's Electronics Boutique sells a digital camera. The following information was reported for the digital camera last month: Sales$17,600Variable expenses 9,680Contribution margin 7,920Fixed expenses 3,600Net operating income$4,320Evan's margin of safety in dollars and percentage are closest to:
A. $9,600 and 120% B. $8,000 and 45% C. $9,600 and 55% D. $8,000 and 83%
In an administered vertical marketing system,
A. independent firms join together formally to decide as a group how the marketing channel will operate. B. independent firms at different levels of the marketing channel join through contracts to obtain economies of scale and coordination to reduce conflict. C. there is no common ownership, and the dominant member has significant power to impose its ideas and objectives. D. participants-such as warehouses, transportation companies, and retail outlets-are typically owned by a parent company to ensure harmonious relations throughout the supply chain. E. no individual participant has control over the others, since a third-party administrator oversees the entire supply chain.
Governments disfavor bearer instruments because:
a. transactions with bearer instruments are not taxable b. transactions with bearer instruments are illegal c. law enforcement agencies find it difficult to trace money transferred in bearer form d. bearer instruments cannot be used to fund political campaigns e. transactions involving bearer instruments are not covered by the UCC
When a decision needs to be made quickly or requires significant authority it is often useful to delegate the decision to one or two team members
Indicate whether the statement is true or false