The corporate form of organization offers which of the following advantages?
a. Unlimited life; b. Mutual agency; c. Taxation
of earnings; d. Transferable ownership units; e. Both B and D
D
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To attend a winter concert presented by the community chorus, every person had to donate one unwrapped toy at the concert hall door. This statement is most closely related to the ________ element of the marketing mix.
A. product B. philanthropy C. promotion D. place E. price
A business philosophy that focuses on eliminating time, cost, and poor quality within manufacturing processes is called ________ manufacturing
a. push b. just-in-time c. activity-based d. pull
Which of the following is not a control unit?
a. monthly sales by store department b. total retail sales per census tract c. price line classifications d. standard merchandise classifications
The selling division is forced to transfer a product internally when a cost-based transfer pricing policy is set by top management
Indicate whether the statement is true or false