Distributors that provide service utility typically:
A. convert inputs into finished products.
B. do not undertake post-delivery maintenance.
C. make it easier for customers to own their products.
D. create a loyal base of customers.
Answer: D
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The Revised Uniform Partnership Act (RUPA) holds that property belongs to the partnership if it was transferred to:
A. any partner by a transfer document indicating the partner's status as a partner or otherwise indicating that a partnership exists. B. general partners only by a transfer document that specifically names the partnership indicating that partnership exists. C. any partner by transfer document under the charging order. D. the partners in their individual capacities.
When mountain climbers purchase clothing for scaling Mount Everest, their purchases are primarily addressing ________ needs.
A. social B. functional C. psychological D. functional and psychological E. prepurchase
The selling formula approach to sales presentations assumes that something is known about the target customer's needs and attitudes.
Answer the following statement true (T) or false (F)
The Internal Revenue Service may impose intermediate sanctions on all of the following transactions between a not-for-profit organization and its executive officer except:
A. A bargain on the sale of assets. B. Fringe benefits comparable to those given to all employees. C. Excessive compensation. D. More than the fair rental value for property owned by the officer.