Which of the following represents a disadvantage of the consignment approach?
A. Long amount of time before payouts
B. High setup costs
C. Full-time sales with only a part-time involvement from the owner
D. Availability of different consignment stores and auctions
Answer: A
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The task of _____________________________ includes growing loyalty levels among existing customers, and upgrading and extending the product line.
a. Line pruning b. Market penetration c. Product positioning d. Product localization
For an instrument to be negotiable it must
a. contain the word order or bearer. b. be written. c. contain the date the instrument was prepared. d. contain the word order or bearer and be written.
Apparent authority is actual authority
Indicate whether the statement is true or false
When a company has a production constraint, the product with the lowest contribution margin per unit of the constrained resource should usually be given highest priority.
Answer the following statement true (T) or false (F)