Labor unions that have the power to elect their own officials, manage their own finances, and make their own strategic and tactical decisions are called ______________________ unions.

Fill in the blank(s) with the appropriate word(s).


independent

Business

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What information does the sales budget provide for pro forma financial statements?

A. The ending balance in accounts payable which appears on the pro forma balance sheet B. Total budgeted sales to be used on the pro forma income statement C. Cash collections from customers to be used on the pro forma balance sheet D. All of the answers are correct.

Business

Edy's is a high quality brand of ice cream. Edy's introduced Godiva ice cream and Starbucks ice cream to tempt ice cream lovers to eat even more ice cream. Edy's used a ________ strategy

A) market development B) product penetration C) market penetration D) diversification E) product development

Business

Strategic fit means there is a good match of a target market to the firm's culture and resource capabilities.

Answer the following statement true (T) or false (F)

Business

A(n) ________ is defined by the American Marketing Association as "a name, term, design, symbol, or any other feature that identifies one seller's goods or services as distinct from those of other sellers."

A. trait B. identity C. brand D. profile E. product

Business