Clive is a purchasing agent for Double D Ranch with the authority to buy cattle at a certain auction. After the cattle are bought, the agency relationship terminates
A. automatically.
B. following notice to all actual cattle sellers.
C. following notice to all potential cattle sellers.
D. following published notice in a local newspaper.
Answer: A
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A virtual organization may be most appropriate for firms
A. whose product life cycles are just beginning. B. whose strategies require merging technologies. C. who have no need to meet competitive pressures. D. who have no need to get to market quickly with new offers.
Distinguish between a deferral and an accrual
Answer the following statements true (T) or false (F)
1. The Equal Pay Act of 1963 focused primarily on issues of race. 2. When determining undue hardship, employers may not consider issues of cost. 3. Name-calling at work can qualify as harassment. 4. An organizational culture that respects diversity should not require extensive planning or effort to bring into being. 5. Every person has been prejudged at some point based on a diversity characteristic.
The difference between advertising and publicity is that advertising is
A. designed for very targeted audiences, while publicity reaches mass audiences. B. designed to remind consumers, while publicity is used to persuade consumers. C. more effective in reaching consumers. D. a paid form of marketing communication. E. almost always used in conjunction with consumer satisfaction surveys.