Which of the following is likely to occur if a company has an insufficient number of territories?
A) A salesperson would spend too much time traveling and not enough time selling.
B) It would lower a salesperson's income.
C) Salespeople would fight over the geographic boundaries.
D) Territories would overlap.
A
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Ted and Alice own their recreational vehicle subject to a security agreement to Third U.S. Bank to secure the repayment of the purchase money loan. Ted and Alice sell their RV to Bob and Carol, who agree to take over the loan payments to the bank. There is no novation with the bank. Under these facts, if Bob and Carol do not make the loan payments, Third U.S. Bank
A. can sue Bob and Carol only. B. can sue Ted and Alice only. C. can sue Bob, Carol, Ted, and Alice. D. cannot sue anyone but can repossess the RV.
When a US retail clothing company outsources production overseas, it addresses the issue of a livable wage within the United States. According to Porter and Kramer’s framework, what is this an example of?
a. A generic social issue b. Strategic corporate philanthropy c. Value chain social impacts d. The social dimension of a competitive context
Match each of the following terms with the appropriate definition.
A) Days sales in inventory B) Inventory turnover C) Conservatism constraint D) Retail inventory method E) Interim statements F) Weighted average inventory method G) Net realizable value H) FIFO method I) Specific identification method J) LIFO method 1. The number of times a company's average inventory is sold during a period. 2.An inventory valuation method where each item in inventory is identified with a specific purchase and invoice. 3.The expected sales price of an item minus the cost of making the sale. 4. An inventory pricing method that assumes the unit prices of the beginning inventory and of each purchase are weighted by the number of units of each in inventory; the calculation occurs at the time of each sale. 5.A method for estimating an ending inventory based on the ratio of the amount of goods for sale at cost to the amount of goods for sale at retail price. 6. An estimate of days needed to convert the inventory at the end of the period into receivables or cash. 7. An inventory valuation method that assumes that inventory items are sold in the order acquired. 8. Financial statements prepared for periods of less than one year. 9.The accounting constraint that aims to select the less optimistic estimate when two or more estimates are about equally likely. 10. An inventory valuation method that assumes costs for the most recent items purchased are sold first and charged to cost of goods sold.
The Elliott wave theory gives a buy signal when you can identify a primary bull trend by identifying _________.
A. when the long-term direction of the market is positive B. when the long-term direction of the market is negative C. when the long-term direction of the market is stable D. good stocks without regard to the long-term direction of the market