The marketing of services _______________ the marketing of industrial products.
A. is less difficult than
B. is the same as
C. requires more adaptation than
D. shares a complexity level with
Answer: D
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The materiality of an item of financial information refers to the likelihood that its omission or misstatement would affect the decisions of those relying on that information and thus make differing choices if the information had been presented. This concept most closely relates to the
A) financial magnitude of the item B) verifiability of the item C) neutrality of the item D) confirmatory value of the item
A part of the data cleaning process that identifies data that are out of range or logically inconsistent, or that have extreme values, is called ________
A) transcribing B) validating C) consistency checks D) coding E) editing
Repayment of bonds payable would be reflected as a cash outflow in the investing activities section of the statement of cash flows
Indicate whether the statement is true or false
You have gotten quite a few complaints recently from unhappy clients, among them the following: One customer feels that the salesperson was not transparent about contractual issues; another client feels like he was taken advantage of because English is his second language; and a third client feels like he was pressured into a purchase without having sufficient time to try out the product. You want to emphasize to your sales team the importance of upholding the ethical business practices that are characteristic of your company. What can you do to encourage honesty and ethical behavior?
a. ?encourage salespeople to report ethics violations to you b. ?screen new applicants for the way in which they deal with ethical issues c. ?set the proper example of ethical business practices d. ?establish reasonable customer expectations e. ?arrange for an ethics and diversity training workshop