A full-service stockbroker is best distinguished from a discount broker on which of the following characteristics?
I. commissions
II. research
III. range of investment products offered
IV. quality of order execution
A)
I only
B)
I, II
C)
I, II, III
D)
I, II, III, IV.
B
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Spence is a sales executive with Diamonds International. To classify his sales accounts, Spence used the sales call allocation grid. He classified each account on the basis of the needs of the customer, the customer's ability to pay, and:
A. the company's geographic location relative to the customer's location. B. the key decision makers in the account. C. the customer's geographic location relative to his company's nearest distribution center. D. the time he should spend with the account. E. the present share of the account's purchases of the product.
Answer the following statement(s) true (T) or false (F)
1. A reason why companies hold inventory is to increase shortages artificially. 2. Lower customer satisfaction is associated with faster modes of transportation. 3. A reason to hold inventory is to drive up price. 4. Cost of goods sold (COGS) is a measure of good inventory management.
Long-term investments are made by the investment center manager for the purpose of ________
A) increasing profits B) decreasing profits C) increasing interest expense D) decreasing plant assets
Before adopting new regulations to govern Internet-based phone services, the Federal Communications Commission may not
A. hold hearings to acquire facts pertinent to the proposed rules. B. ignore the Administrative Procedure Act to streamline proceedings. C. order manufacturers to provide certain documents. D. solicit testimony from interest groups and consumers.