The Federal Trade Commission Act allows the FTC to:
A) determine what constitutes deceptive advertising practices.
B) prohibit all advertising in certain professions.
C) require advertisers to contribute to a fund to reimburse injured consumers.
D) require the independent testing of consumer goods.
A
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Julian recognizes that her sales numbers are low for the month of June. When she asks around, she realizes that everyone has low numbers for the month. This is an example of a high degree of ______.
A. anonymity B. distinctiveness C. consistency D. consensus
Bidisha is the manager of a senior sales team, and she has decided to allow the team to do the preparation for a productive sales strategy meeting. She will likely use the ______.
A. the Delphi method B. brainstorming C. nominal group technique D. consensus
Which of the following is true of goodwill?
A) Goodwill must be capitalized when acquired and amortized over seven years or less. B) Both created and acquired goodwill must be recorded in the books. C) Goodwill must be expensed when acquired. D) Goodwill is not amortized.
A merger occurs when:
a. two or more firms agree to charge standard prices for their goods b. sales and manufacturing departments are combined c. common stock is converted to preferred stock d. sole proprietors decide to incorporate e. two or more firms join together to form a new entity