PepsiCo and Coca-Cola sponsor traveling carnivals in rural Latin America to encourage product trial. This element of marketing communications is called ________.
A. personal selling
B. sales promotion
C. direct marketing
D. advertising
E. public relations
Answer: B
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Indicate whether the statement is true or false
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 2 during the period for direct materials is: A) Work in Process--Department 2 100,000Materials 100,000 B) Work in Process--Department 2 50,000Materials 50,000 C) Work in Process--Department 2 150,000Materials 150,000 D) Materials 50,000Work in Process--Department 2 50,000
Restraints of trade that are unlawful under Section 1 of the Sherman Act if their anticompetitive effects outweigh their procompetitive effects are known as ________
A) nonprice vertical restraints B) group boycotts C) division of markets D) resale price maintenance measures
Business Enterprise Company agrees to sell a commercial office building and parking garage to City Investments, Inc, which assigns the rights to the realty to Downtown Properties, LLC. Downtown Properties does not yet exist, but once itis created and comes into existence, the contract on novation will most likely be
a. quasi. b. voidable. c. void. d. enforceable.