The difference between actual sales and budgeted sales is
a. a flexible budget variance.
b. an efficiency measure.
c. required in program budgeting.
d. an effectiveness measure.
D
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In the cold canvass technique, the salesperson calls on potential customers without their prior consent.
Answer the following statement true (T) or false (F)
Figure 6-4Global companies have five strategies for matching products and their promotion efforts to global markets. According to Figure 6-4 above, B refers to which type of strategy?
A. communication adaptation strategy B. product extension strategy C. product invention strategy D. product adaptation strategy E. dual adaptation strategy
A company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. Its return on total assets equals:
A. 3.01%. B. 32.00%. C. 300.75%. D. 10.64%. E. 33.25%.
External locus of control is a phenomenon expected to be found most in cultures of the following configuration of dimensions.
a. individualistic and of strong uncertainty avoidance b. collectivistic and of strong uncertainty avoidance c. masculine and of weak uncertainty avoidance d. masculine and of small power distance