Which of the following is true of storing goods as a marketing function?
A. It allows the producer to keep stocks at convenient locations.
B. The duration of storing by some channel members does not affect the behavior of other channel members.
C. It is related to Place, but not to Price.
D. It cannot increase the value of any goods.
E. It is necessary when production of goods matches consumption.
Answer: A
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An informative synopsis
A) simply tells what the report is about. B) presents the main points of the report in the same order as the text. C) omits the findings of the report. D) is preferable if your report is organized using the indirect approach. E) provides moderately greater detail than the table of contents.
Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a people person, and her department is built on teamwork, when she interviews candidates for a job, she tries to get to know the candidates as people. She always begins by saying, "Tell me about yourself," and based on what the candidate says, she lets the conversation unfold for 30 to 60 minutes. How does this approach limit Lexie's effectiveness as an interviewer?
A. Her method is a panel interview, which has a low validity for a department built on teamwork. B. The wide latitude of these nondirective interviews can result in low reliability and often poor validity. C. This type of behavior description interview is too focused on behaviors, rather than teamwork. D. By using this structured approach, she avoids asking the wrong questions. E. By always starting with the same question, she limits the creativity of the candidates.
Human Resources ISs are used extensively for managerial purposes, assisting in organizing quarterly and annual budgets for departments, divisions, and entire corporations.
Answer the following statement true (T) or false (F)
Prudential and several other large insurance companies have joined together to underwrite an extremely large insurance policy. This sort of association is referred to as a(n)
A. syndicate. B. cooperative. C. conglomerate. D. alliance. E. vertical merger.