Schwartz uses the term __________ to represent the idea that irrespective of the situation in which one finds themselves, their value priorities do not change.

a. Situational
b. Tensions
c. Transituational
d. Terminal


c. Transituational

Business

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Manufacturers may prefer to sell their closeouts, canceled orders, and out-of-season merchandise to factory outlets rather than off-price chains because _____

a. off-price chains can generate high profit margins b. off-price chains have too much power c. factory outlets generate low short-term cash flow d. greater control results in less disturbance to traditional channels

Business

Channel control is greatest for manufacturers/service sponsors in _____

a. a fully integrated marketing system b. business format franchising c. product/trademark franchising d. an independent marketing system

Business

Delay will have no effect on a party to a contract's power of avoidance

Indicate whether the statement is true or false

Business

Employers must provide ________ to attract and retain young workers because otherwise they will be at a competitive ________.

A. rewards; advantage B. training; status-quo C. education; advantage D. incentives; disadvantage

Business