The Constitution sets out the authority and the limits of the branches of the government. The term checks and balances means that
A. Congress writes checks and the other branches balance the budget.
B. each branch has some power to limit the actions of the others.
C. the courts balance their authority to the other branches' checklists.
D. the president "checks" the courts, which "balance" the laws.
Answer: B
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Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Channel organizations are tied together through legal agreements in a contractual VMS. 2. McDonald’s prefers to use a contractual VMS. 3. Exclusive distribution makes use of all available outlets for a product. 4. Market vulnerability refers to the number of outlets in which a product is sold. 5. Shopping goods often are distributed through selective distribution.
The marketing concept involves:
A. focusing on customers' wants and needs so that the organization can distinguish its product (or products) from competitors' products B. satisfying management's needs and wants with the idea of maximizing profits in the short run C. selling as much product as possible under the assumption people will buy more goods and services if aggressive selling techniques are used D. selling as much as possible under the assumption consumers will buy more at lower prices E. focusing on production in order to increase product quality and lower prices
Day CareFiona is considering a day-care facility for her five-week-old daughter Kate. She has been visiting day-care centers for the past two weeks and has interviewed caregivers at eight different centers. It is extremely important to Fiona that Kate be stimulated intellectually and fed according to schedule. After considering all eight day-care centers, Fiona chose PerfectCare. While she is quite pleased with her choice, she does continue to wonder if she made the correct decision.Refer to Day Care. Fiona's uncertainty about whether she made the correct decision and the feelings that go along with this uncertainty are called:
A. selective retention B. perceptual distortion C. postpurchase action D. cognitive dissonance E. routine response