Property held on consignment should be included in the ending inventory of the consignee
Indicate whether the statement is true or false
F
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In a cost-based pricing system, the markup should cover selling and administrative expenses and desired profit only
Indicate whether the statement is true or false
According to the narrow view of economic model of corporate social responsibility (CSR), only philanthropy done for reputational reasons and financial ends is ethically responsible. What is the justification for this statement?
What will be an ideal response?
For firms facing complex and turbulent business environments
A. goals and objectives that are uncertain prevent opportunism. B. detailed plans are needed to maintain order. C. complacency about predetermined milestones can prevent adaptability. D. traditional strategic controls are usually inappropriate.
A channel is a system of interdependent relationships among a set of organizations that facilitates the exchange process.
Answer the following statement true (T) or false (F)