Which of the following economic sectors has become increasingly important to the U.S. economy?
A. service
B. fishing
C. forestry
D. agriculture
E. manufacturing
Answer: A
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In marketing, advertisements or salespeople can activate a consumer's purchase decision process by
A. creating a sense of fear or guilt. B. manipulating a customer's want into a need. C. shifting the consumer's focus from internal search to external search. D. showing the shortcomings of competing (or currently owned) products. E. promising product attributes that exceed the actual product potential.
The use of prototype stores, detailed operating procedures, and the inspection of store units by chain retailers and franchisors is used to _____
a. develop and maintain a consistent image b. reduce operating costs c. reduce construction costs d. reduce construction time and start-up costs
Suppose Jones agreed with Smith that Smith would serve as his agent for business purposes until May 20, 2015. On that day, Smith's actual or apparent authority expired. Jones gave notice to all relevant parties of the termination
This is known as termination of the principal-agent relationship by ________. A) implication B) equity C) operation of law D) lapse of time
The ________ is designed to put the injured party in the position he would have been in had the parties never entered into a contract
a. restitution interest b. punitive damages c. expectation interest d. reliance interest