Any series of firms (or individuals) from producer to final user or consumer is a channel of distribution.

Answer the following statement true (T) or false (F)


True

A channel of distribution is any series of firms (or individuals) that participate in the flow of products from producer to final user or consumer.

Business

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Among the niche specialist roles, what are end-user, vertical-level, and product-feature specialists?

What will be an ideal response?

Business

From the following, select the most appropriate basis for the valuation of a new investment when properties or services are exchanged for stock

a. The par or stated value of the stock received b. The book value of the property or services exchanged c. The fair market value of the stock received d. Either the book value of the property or services exchange or the fair market value of the stock received, whichever is more clearly determinable

Business

Which of the following statements characterizes defined benefit plans?

a. They are comparatively simple in construction and raise few accounting issues for employers. b. Retirement benefits depend on how well pension fund assets have been managed. c. Retirement benefits are based on the plan's benefit formula. d. All of these.

Business

According to Max Weber, the ________ type of power is where laws and constitutional processes create legitimate authority.

A) Charismatic B) Non-traditional C) Legal-rational D) Traditional

Business