Costs that preclude product defects resulting from flaws in processing are referred to as ______________________________
Fill in the blank(s) with correct word
prevention costs
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Which of the following represents a privilege granted by a government to use public property in performing services?
A) goodwill B) license C) franchise D) trademark
Income taxes expense represents the amount of income taxes
a. computed in accordance with the income tax code. b. applicable to the amount of taxable income for the period. c. applicable to the amount of income from continuing operations for the period. d. actually payable to the IRS for the period.
Your new-business sales force is responsible for prospecting and qualifying customers. Which of the following will likely occur?
A) The number of qualified customers will exceed the number of prospects. B) The new-business sales force will call on all prospects. C) A salesperson may have to approach many qualified customers just to make one sale. D) Salespeople will only contact a few of the customers they research in the preapproach stage. E) Order takers will take responsibility for the approach and sales presentation steps.
A factory outlet represents an example of a(n) _____
a. independent vertical marketing system b. partially integrated vertical marketing system c. fully integrated vertical marketing system d. distorted vertical marketing system