To achieve the desired intensity of market coverage, distribution must correspond to
A. competitors' actions.
B. the firm's financial resources.
C. the marketing environment.
D. behavior patterns of buyers.
E. intermediary demands.
Answer: D
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Underapplied overhead occurs when the balance in the Manufacturing Overhead Control account is:
A. less than the balance in the Applied Manufacturing Overhead account. B. equal to the balance in the Applied Manufacturing Overhead account. C. less than the balance in the Finished Goods Inventory account. D. greater than the balance in the Applied Manufacturing Overhead account.
Auditing standards require the auditor to identify and assess the risks of material misstatement due to fraud at the financial statement level only
a. True b. False Indicate whether the statement is true or false
An imitative business that competes locally with others in the same industry is referred to as ________.
A. incremental competition B. parallel competition C. linear competition D. niche business
What conclusion can be drawn from Stanley Milgram’s experiments on obedience?
a. The more distance between the controller and the controlled, the more likely people would be to engage in cruel acts b. Once people gave the first shock the incremental threshold was broken and so they were more likely to administer more ‘lethal’ shocks c. When Milgram introduced instructors that would disagree with each other – creating polyphony of voices – people were less likely to administer shocks. d. All of the above