Erb Manufacturing Group is an American manufacturer of electrical wire and cable based in Pennsylvania
The firm offers price reductions to its distributors and retailers, as well as offers them financial incentives to promote and provide greater shelf space to Erb products. In this example, Erb Manufacturing Group uses which of the following communication strategies?
A) a push communication strategy
B) a pull communication strategy
C) a cobranding communication strategy
D) a centralized communication strategy
E) a lateral communication strategy
B
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The trade-weighted dollar is the weighted average of the exchange rates between the dollar and the most important industrial-country trading partners of the United States.
a. True b. False
Koczela Inc. has provided the following data for the month of May:Inventories: BeginningEndingWork in process$17,000$12,000Finished goods$46,000$50,000 Additional information: Direct materials$57,000Direct labor cost$87,000Manufacturing overhead cost incurred$63,000Manufacturing overhead cost applied to Work in Process$61,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The adjusted cost of goods sold that appears on the income statement for May is:
A. $208,000 B. $206,000 C. $210,000 D. $214,000
MBO stands for
A. Management by Observation. B. Management by Objectives. C. Management by Ownership. D. Management by Obligation. E. Management by Organization.
All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate total budgeted cash payments made in October for purchases.
Fedor, Inc. has prepared the following direct materials purchases budget:
A) $67,080
B) $46,630
C) $35,710
D) $74,710