The first step of the purchasing process is to select the supplier
Indicate whether the statement is true or false.
Answer: FALSE
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When faced with the difficult problem of deciding what kinds of joint actions amounted to a restraint of trade, the courts concluded that some kinds of behavior always have a negative effect on competition and can never be excused or justified. These kind of acts are classed as per se illegal.
Answer the following statement true (T) or false (F)
Which of the following is a true statement about the Four Ps of the marketing mix?
A) A decision about one of the Ps affects every other marketing-mix decision. B) Product is always the most important of the Four Ps. C) Place is typically the least important of the Four Ps. D) The Four Ps have little effect on a product's market position. E) The Four Ps are used to determine a product's target market.
The dairy salesperson asked the store purchasing agent, "Do you think you'll need 10 or 12 pallets of ice cream for your 'Summer Buster' sales promotion?" This is an example of a(n):
A. indirect suggestion. B. counter offer. C. manipulative suggestion. D. autosuggestion. E. empathy suggestion.
Which of the following are required to payout a minimum of the equivalent of five percent of their assets annually?
a. Public charities b. Private foundations c. Community foundations d. a and b e. b and c