According to the text, which of the following statements about the impact of technology on personal selling is true?
a. The use of technology severely limits the time a salesperson has to spend with his or her customers.
b. Technology is a threat to job security for most salespeople.
c. Technology is freeing salespeople from tedious administrative tasks, such as placing routine orders, shipping catalogues, and tracking orders.
d. Technology has had no impact on personal selling.
Ans: c. Technology is freeing salespeople from tedious administrative tasks, such as placing routine orders, shipping catalogues, and tracking orders.
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In managing virtual workers, a manager should
A. give directions only by phone or in person. B. make sure the worker is keeping to a fixed schedule of hours. C. set goals that focus on team members' personal enrichment. D. meet regularly, face-to-face. E. set up large teams composed of employees from different departments across the organization.
Roman Industries' plant operates five days per week with a daily payroll of $6,000 . Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31 . What is the amount of Wages Expense recorded on the next payday, Saturday, April 3?
a. $ -0- b. $ 30,000 c. $ 12,000 d. $ 18,000
The return on assets ratio
a. considers the investment made by all creditors and stockholders. b. is a measure of the liquidity of a company. c. is based on average stockholders' equity as compared to net income for the period. d. reflects investments made only by the creditors of a company.
The goal of reengineering is to gain small incremental cost savings.
Answer the following statement true (T) or false (F)