If LG decides to make changes in its marketing channels, the strategic significance is that channel decisions are

A. long-term commitments.
B. short-term commitments.
C. easier to change than prices.
D. easier to change than promotion.
E. impossible to change.


Answer: A

Business

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Specter Consulting purchased $8200 of supplies and paid cash immediately. Which of the following general journal entries will Specter Consulting make to record this transaction? Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.

A.  

Supplies8200? 
  Cash 8200?

B.
Accounts Payable8200? 
  Supplies 8200?

C.
Supplies Expense8200? 
  Accounts Payable 8200?

D.  
Cash8200? 
  Supplies 8200?

E.
Supplies8200? 
  Accounts Payable 8200?

Business

What kind of knowledge is the Board of Directors intent on sharing? Which are its characteristics?

What will be an ideal response?

Business

The basic philosophy of control at Nutrients-For-You, Inc. is based on the policies found in the employee handbook, as well as a strict hierarchy of authority. This philosophy is consistent with __________ control.

A. clan  B. bottom-up  C. hierarchical  D. culture  E. decentralized 

Business

At common law, the risk of loss or damage to goods identified under a contract of sale falls upon:

a. the buyer. b. the seller. c. the party who had title or ownership of the goods at the time of the loss or damage. d. the designated party as determined by the court.

Business