Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The firm Jonathan works for is a ________
A) licensor
B) supplier
C) marketing intermediary
D) local public
E) general public
C
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The Human Resources department of French Quarter Seafood conducted a training workshop on setting and achieving organization goals. Alex, the store manager of the New Orleans location, has been working with his managers to set objectives that are clearly defined, focused on achieving specific results, and can be accomplished with a given amount of resources. Which aspect of SMART goals is missing?
A. Goals should be stated in specific rather than vague terms. B. Whenever possible, goals should be measurable, or quantifiable. C. Goals should be challenging, of course, but above all they should be realistic and attainable. D. Goals should be results-oriented. E. Goals should specify the target dates or deadline dates when they are to be attained.
Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2016 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2016 . Park paid the amount due on June 13, 2016. If Park uses the periodic inventory system, the effect of recording
the payment on June 13, 2016, will include a. a decrease to Accounts Payable for $15,000. b. a decrease to Purchases for $15,000. c. a decrease to Cash for $15,000. d. an increase to Inventory for $14,850.
Adopting the marketing concept requires that a business firm eliminate all functional departments.
Answer the following statement true (T) or false (F)
________ refers to the expected proceeds from converting an asset into cash.
Fill in the blank(s) with the appropriate word(s).