A salesperson who exaggerates about product capabilities may be guilty of misrepresentation.
Answer the following statement true (T) or false (F)
True
When a customer relies on a salesperson's statements, purchases the product or service, and then finds that it fails to perform as promised, the supplier can be sued for misrepresentation and breach of warranty. A salesperson's exaggerations may be unintentional but they can be costly.
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A work team can be empowered by
A. reducing the team's interaction with other departments or teams. B. keeping roles independent and separate from one another. C. assigning management of work schedules to the manager. D. confining the scope of work done by the team and its members. E. authorizing the team to make decisions traditionally made by managers.
Cranson Paint Manufacturing Company buys the chemicals it needs for producing its products from a chemical producer, Roth Chemicals. In this instance, the chemicals are being distributed to Cranson through which of the following types of channels?
A. Industrial distributor B. Direct distribution C. Retail D. Wholesaler-sponsored E. Producer
In the context of building wealth for retirement, identify a true statement about a Rothindividual retirement account (IRA).
A. The contributions you make to a Roth IRA aretax deductible at the time you make them. B. Earnings on the contributions you make to a Roth IRA are taxable. C. You pay no taxes on the distributions you receive from a Roth IRA after you retire. D. There is no limit on the amount that you can contribute each year to a Roth IRA.
Why might a firm choose to strengthen the relationship between itself and its suppliers?
What will be an ideal response?