While intermediaries facilitate exchange, their cost makes the whole macro-marketing system less efficient.
Answer the following statement true (T) or false (F)
False
Although intermediaries charge for services they provide, this charge is usually offset by the savings of time, effort, and expense that would be involved without them, thus making the whole macro-marketing system more efficient and effective.
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When we are engaged in ________ listening, it is easy to become distracted by emotion-laden words. When we hear them, we may become obsessed with the words and wonder what to do about them rather than continue listening.
A. peripheral B. routine C. marginal D. context-driven E. evaluative
Land Shoes Land Shoes received a promissory note from a customer on July 1, 2012. The face value of the note is $45,000; the terms are 12 months and 10% annual interest. Refer to the information provided for Land Shoes. How much interest revenue will Land Shoes recognize for the year ended December 31, 2012?
A) $ 0 B) $9,000 C) $2,250 D) $4,500
The legal concept of 'let the buyer beware,' which was pervasive in the American business culture prior to the 1960s, is referred to as ________.
A. mea culpa B. ?est la vie C. quid pro quo D. ad nauseum E. caveat emptor
Describe the four qualities of leadership that engender trust according to Bennis and Goldsmith.
What will be an ideal response?