Break even analysis is used to determine the best level of output.
Answer the following statement true (T) or false (F)
False
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________ are intangible products that we pay for and use but never own
A) Consumer goods B) Services C) Industrial goods D) E-commerce products E) Value products
Order-takers:
A. use creative sales strategies. B. usually earn much more than order-getters. C. have an infinitely more difficult selling situation than order-getters. D. do not have a sales strategy and often do not use sales presentations. E. rely on well-executed sales presentations.
Consumer socialization is the process through which a person acquires the knowledge and skills to function as a consumer.
Answer the following statement true (T) or false (F)
A party with whom you have a contract relationship has sued you. The contract between the two of you includes an arbitration clause. Which of the following statements is true?
a. If the party sues on a contract with an arbitration clause they are deemed to forfeit the dispute. b. Because one of the parties began the judicial process the judicial process must be completed before any arbitration can proceed. c. If the party sued rather than began the arbitration, the case can no longer be arbitrated. d. You have options. You could either answer the lawsuit and continue in litigation or make a motion to the court to compel arbitration.